Annuity Due: Your Inheritance Will Pay You $100,000 a Year

Annuity due: Your inheritance will pay you $100,000 a year for five years beginning now. You can invest it in a bank account that will pay 7.75 per cent annually. What is the present value of your inheritance? (Round to the nearest dollar.)

A) $399,356
B) $401,916
C) $433,064
D) $467,812