Present value of an annuity 2 Min 000 DATA Sum of prize $37,500,000 5 Annual payment $6,250,000 6 Number of years 6 Interest rate 5.0% 8 Date of win January 1 Date of payments December 31 of each year 10 Using formulas and cell references, perform the required analysis, and input your answer into the Amount column. Transfer the numeric result for the green entry cell 11 (B14) into the appropriate field in CNOW V2 for grading. 12 13 Amount Formula 14 PV of annual payments 15