You have just won the lottery entitling you to receive, starting today, a series of 15 semi annual payments of $5,000 each, followed, one year after this series of payments ends, by a second series of annual payments of $20000 each forever. The first $20,000 payment is to be received exactly one year after the last $5,000 payment. If the appropriate discount rate is 8.8% compounded continuously what is the present value of the lottery payments?