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Question 11 10 pts The main prize for the Virginia state lottery is currently $5,000,000. If you win, you will have the option to receive

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Question 11 10 pts The main prize for the Virginia state lottery is currently $5,000,000. If you win, you will have the option to receive $5,000,000 immediately, or $300,000 every year for the next 20 years with the first payment received one year from today. Find the interest rate that the lottery is paying on the periodic payments. Answer Format: ENTER YOUR ANSWER AS A POSITIVE NUMBER INCLUDE ONLY NUMBERS AND DECIMALS IN YOUR ANSWER. Do not include "$" or any other formatting. Carry computation to at least 4 decimals. Enter your answer as a % rounded to 2 decimal places. For example 0.123456 should be enter as: 12.35 ##.##

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