You Just Won the Lottery

You just won the lottery.To supplement your income you will receive twenty payments of $300,000 to be paid at the end of each of the next twenty years.Using a discount rate of 6%,calculate the present value of the annuity.

A) $2,975,754
B) $3,000,000
C) $3,231,623
D) $3,293,984
E) $3,440,976