There are four pieces to an annuity present value. What are they? [nterest Rates [ LO1] What happens to the future value of an annuity if you increase the rate r ? What happens to the present value? Present Value [[] LO1] What do you think about the state lottery discussed in the chapter advertising a $500,000 prize when the lump sum option is $250,000 ? Is it deceptive advertising? APR and EAR [[] LO4] Should lending laws be changed to require lenders to report EARs instead of APRs? Why or why not