You have just won the Georgia Lottery with a jackpot of $26,000,000. Your winnings will be paid to you in 26 equal annual installments with the first payment made immediately. If you had the money now, you could invest it in an accourt with a quoted annual interest rate of 8% with monthly compounding of interest. What is the present value of the stream of payments you will receive? $10,532,646.35 $11,406,850,80$11,674,776.19$10,809,977.95 $13,332,594.41 You are offered an annuity that will pay $25,000 per year for 6 years (the first payment will be made today). If you feel that the appropriate discount rate is 13%, what is the annuity worth to you today? $235,116.44$208,067.64$99,938.74$112,930.78$177,623.85