Answer: $36,173.622
Step-by-step explanation:
Cameron:
Annual Payment = $27,833
Time Period(n) = 44 years
Discount Rate(r) = 6%
![Present\ Worth=Annual\ Payment*[((1-((1)/(1+r))^(n) )/(r)]](https://img.qammunity.org/2020/formulas/business/college/70ql5x2pstcicdsvgsalhta9la0oe7lwh0.png)
![Present\ Worth=27,833*[((1-((1)/(1.06))^(44) )/(0.06)]](https://img.qammunity.org/2020/formulas/business/college/rl1rofz78d8kt0x1obkjct1fdni74haii7.png)


= $427,709.711
Kennedy:
Annual Payment = $27,833
Discount Rate = 6%
Present Worth =

Present Worth = $463,883.333
So, Present Worth of Kennedy is $36,173.622 more than that of Cameron.