Find the present value of an ordinary annuity with deposits of $13,063 quarterly for 6 years at 4.4% compounded quarterly What is the present value? (Round to the nearest cent.) Find the cash value of the lottery jackpot given below. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rate. $9,000,000 jackpot, 8% interest, 20 annual payments Jackpot Interest Amount Rate Equal Annual Payments Present Value (in dollars) $9,000,000 8% 20 (Round to the nearest dollar as needed.)