Compute the present value of an annuity of $ 818 per year for 24 years, given a discount rate of 8 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1). (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign). Your Answer: Answer Question 8 (6.66 points) You just won a contest. The prize is a lump sum payment of $ 49,810, however, you will not receive this payment for 22 years. Compute the present value of your prize. assuming a discount rate of 15 percent per annum. (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign). Your Answer: Answer Question 9 (6.66 points) Compute the present value of an annuity of $ 658 per year for 18 years, given a discount rate of 10 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1). (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign)