Lottery. A lottery ticket states that you will receive $350 every year for the next 13 years. a. What is the present value of the winning lottery ticket if the discount rate is 10%, and it is an ordinary annuity? b. What is the present value of the winning lottery ticket if the discount rate is 10%, and it is an annuity due? c. What is the difference between the ordinary annuity and annuity due in parts (a) and (b)? d. Verify that the difference in part (c) is the difference between the $350 first payment of the annuity due and the discounted final $350 payment of the ordinary annuity. a. What is the present value of the winning lottery ticket if the discount rate is 10% and if it is an ordinary annuity? (Round to the nearest cent.)