Q-4. Annuities commonly have payments that grow over time. Suppose, for example, that we are looking at a lottery payout over a 10-year period. The first payment, made one year from now, will be $300,000. Every year thereafter, the payment will grow by 5 percent. 1) What's the present value if the appropriate discount rate is 9 percent? 2) Now suppose the payments continue forever. In this case, what is the present value