(Show your work on the following question. Note: you will receive zero credit if you fail to show your work.) You have two choices: (1) receiving a lump-sum amount of $20,000 today, or (2) receiving a certain dollar amount in 5 years. What is the minimum dollar amount to be received in 5 years that will convince you to give up receiving the $20,000 today? (Assuming you are able to earn a 4% annual return consistently over the next 5 years)