Lucky Larry wins $$13,000,000$ in a state lottery. The standard way in which the state pays such lottery

winnings is at a constant rate of $$520,000$ per year for $25$ years. Round your answer to the nearest $$10.$

If Lucky invests each payment from the state at $8\%$ compounded continuously, what is the accumulated future

value of the income stream?

$

What is the accumulated present value of the income stream at $8\%,$ compounded continuously? $($This amount

represents what the state has to invest at the start of its lottery payments, assuming the $8\%$ interest rate

holds.$)$

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