A Super-Duper Lottery's Grand Prize Is $100 Million, Specifically, $2,000,000

A Super-Duper lottery's grand prize is $100 million, specifically, $2,000,000 per year for 50 years. The first $2 million is payable today. Using a rate of 8% compounded annually, calculate the single cash payment today that would be of equal value.

A) $52,827,732
B) $96,114,437
C) $33,862,955
D) $26,424,327
E) $67,519,638