An ordinary annuity selling at $10,098.77 today promises to make equal payments at the end of each year for the next eight years (N). If the annuity's appropriate interest rate (1) remains at 5.00% during this time, the annual annuity payment (PMT) will be $3,499.22 $1,953.13 $2,265.63 $3,499.22 You just won the lottery. Cong jackpot is $35,000,000, paid in eight equal annual payments. The first payment on the lottery jackpot will be made Today. In present value terms, you really won assuming annual interest rate of 5.00%. $1,562.50