Lottery Your dreams of becoming rich have just come true. You have won the State of Tranquility's Lottery The State offers you two payment plans for the $5,000,000 advertised jackpot. You can take annual payments of $250,000 at the end of the year for the next 20 years or $2.648,504 today a. If your investment rate over the next 20 years is 9%, which payoff will you choose? b. If your investment rate over the next 20 years is 6%, which payoff will you choose? c. At what investment rate will the annuity stream of $250,000 be the same as the lump-sum payment of 52,648,504? a. If your investment rate over the next 20 years is 9%, what is the present value of the $250,000 annual payments today? a. If your investment rate over the next 20 years is 9%, which payoff will you choose? b. If your investment rate over the next 20 years is 6%, which payoff will you choose? c. At what investment rate will the annuity stream of $250,000 be the same as the lump-sum payment of $2,648,504? a. If your investment rate over the next 20 years is 9%, what is the present value of the $250.000 annual payments toda