Please show all work and number each problem correctly!

You and 11 coworkers just won $13 million ($1,083,333.33 each) from the state lottery. Assuming you each receive your share over 16 years and that the state lottery earns a 4 percent return on its funds, what is the present value of your prize before taxes f you request the up-front cash' option? (Note: Also assume an ordinary annuity- -payments made at the end 4. Round your The present value of your prize before taxes if you request the 'up-front cash' option is $ answer to the nearest dollar.) 1: Data Table Present Value of an Annuity of $1 (PVIFA) 6% 10% rn 0.9520.943 0.939 0.928 091 0909 0.990 0.980 0.971 0.962 1.736 2.531 2.487 3.240 3.170 3.791 4.486 4.355 5.206 5.033 4.868 5.747 5.5355.335 5.995 5.759 6.418 6.145 6.805 6.495 7.161 6.814 9.394 8.853 8.358 7.9047.487 7.103 7.786 7.367 8.061 7.606 8.313 7.824 8.5448.022 9.3728.756 8.201 2 2.67 2.941 3.902 3.808 4.8534.713 5.795 5.601 6.7286.4726.230 7.652 8.566 9.471 2.884 2.829 2.77 2.624 .546 3.465 3.387 3.31 4.21 5.41 5.242 5.076 4.917 4.767 5.582 6.21 6.802 5.389 5.971 6.5156.247 7.024 6.463 7.325 8.162 7.78 .722 7 8.3067.887 8.5 11 10.368 9.787 9 12 11.2550.575 9.954 13 12.134 13480.635 9.986 14 13.004 12.106 11.296 10 15 13.865 12.849 11.938 11.118 10 16 14.718 13.578 12.561652 0.838 10.106 17 15.56214.292 13.16612.166 11.274 18 16.398 14.992 13.754 12.659 1 7.943 7. 9.899 9.295 8.7458 9.712 9.1088 8.244 9.447 8.851 1.690 10.828 10.059 1.158 10.336 10.594 15.678 14.324 13.134 12 17.226 18.046 16.3511 9.604 9.81 14.87713.590 2.462 11.470 9.129 8.514 9.292 8.649 9.442 8.772 21 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 15.937445113.163 12.042 16.44414.857 13.489 12.303 17.658 11.061 10.201 23|, 20456 11.272 10.371| 9.580 8.883 18292 9.707 8.985 24 21.243 18.9146.936 15.247 13.799 12.5501 25 22.023 19.523 17.413 15.622 14.094 2.7811.654 10.675 30 25.808 22.396 19.600 17.29215 11.469 10. 10.274 0.7579 10.9629.915 12.40911.258 427 32.835 27.355 23.115 19.793 17.159 15.046 13.332 11.92 50 39.196 31.424 50 21.482 18.256 15.76213.801