-11 points HarMathAp12 6.4.005. My Notes Ask Your Teacher Suppose a state lottery prize of $5 milion is to be paid in 20 payments of $300,000 each at the end of each of the next 20 years. If money is worth 11%, compounded annually, what is the present value of the prize? (Round your awer to the nearest cent.) Need Help? -/1 points HarMathAp12 6.4.019. My Notes Ask Your Teacher What amount must be set aide now to generate payments of $60,000 at the beginning of each year for the next 13 years if money is worth 5.76%, compounded annually? (Round your answer to the nearest cent.) Need Help? Tato Tuter 2. -/2 points HarMathAp 12 6.4.025. My Notes Ask Your Teacher A company wants to have $60,000 at the beginning of each 6-month period for the next years. If an annuity for this purpose, how much must be invested now if the annuity earns 6.59%. Compoundedemannusy (a) Decide whether the problem relates to an ordinary annuity or an annuity due. ordinary annuity annuity due (b) Solve the problem. (Round your answer to the nearest cent.)