You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $299 (first payment made at t=1 ), followed by five annual payments of $582, followed by four annual payments of $807. How much did you borrow? Round your answer to 2 decimal places; record your answer without commas and without a dollar sign. Your Answer: Answer You just won a contest. The prize is a lump sum payment of $61,150, however, you will not receive this payment for 21 years. Compute the present value of your prize assuming a discount rate of 15 percent per annum. Round your answer to 2 decimal places; record your answer without commas and without a dollar sign. Your