Assume that you have just won the lottery. You have two payout options. First, you can agree to take 30 equal annual payments, with the first payment to be made today at Year 0 and the last payment to be made at Year 29. Alternatively, using an effective annual rate of 4.5 percent, the lottery is willing to convert the annual payments into an $79,423,929.72 $93,697,084.20 $84,181,647.88 $98,454,802.36 $88.939.366.04 W909\