Question: Tyler won a lottery that would pay him $ 3 4 , 0 0 0 in 2 years and $ 1 3 , 1 0

Tyler won a lottery that would pay him $34,000 in 2 years and $13,100 in 6 years. The lottery company had another option where he could get an upfront amount now and another $13,800 in 2 years.
Calculate the upfront amount that he would receive now from the second option, assuming that money is worth 3.00% compounded semi-annually.
$0.00
Round to the nearest cent

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