As the winner of the UF sweepstakes, you are entitled to one of the following prizes. The discount rate is 9%. Which prize would you choose? $999,999 immediately. $100,000 per year forever starting at the end of first year. $180,000 per year for the next 10 years starting immediately. $20,000 per year for the next 40 years starting at the end of first year. $ 70,000 per year forever starting at the end of rst year. snows: Matt's son, Zach, turns 9 years old today. He plans to attend UF. Matt expects tuition and other expenses to be $20,000 per year by the time Zach starts UF. Tuition payments are due on Zach's 13th, 19th, 20th and 215t birthdays lt=9, 10, 11, 12). Matt plans to make deposits into Zach's college fund one year from today (t=1) and on every birthday after that until Zach turns 1? (t=8}. If the college fund earns 5% per year then the annual deposits must be S a. 8,002.00 b. 7023.11 c. 6,900.46 d. 2,605.66 e. 2,426.27