assume you won a prize and will receive $29,500 for the next 10 years.

A) how much is the prize worth now if the interest rate is 13%?

B) should you except $166,000 now in exchange for the future payments? Y or N

Assume you won a prize and will receive $29,500 for the next 10 years. a. How much is your prize worth now if the interest rate is 13 percent? (Enter your answer as places.) b. Should you accept $166,000 now in exchange for the future payments? Yes No