You have a contract that entitles you to receive $1 million 20 years from now. But you can't wait and want your money now. You want to sell your contract. What is a fair price for it? Assume the risk-free, inflation adjusted interest rate is 3% per year, compounded continuously.

For this question, do I just calculate the total amount and take 3% off for 20 years or how do I do it??? what is the most efficient or precise way of making an equation and solve???