2) You have just won the lottery and will receive $50,000 per year at the end of each of the next 10 years. At a 10% discount rate, what is the present value of the winnings? 3) if $10,000 is invested today in an account with an interest rate of 9.5%, what is the value of equal withdrawals that can be taken out of the account at the end of each of the next five years if the investor plans to deplete the account at the end of the time period? 4) An investor receives a 10-year annuity with $11,000 payments, the first payment to be received in 5 years. At an 8% discount rate, what is this annuity worth today