You have just won the Mega Millions Lottery with a jackpot of $54,000,000. 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 account with a quoted annual interest rate of 13% with monthly compounding of interest. What is the present value of the stream of payments you will receive? $19,757,442.83$14,524,929.03$17,300,738.03$15,310,387.64$16,529,841.03 You plan to buy a house. The house will be financed with a $129,000,30-year mortgage with a nominal interest rate of 8.21%. Mortgage payments are made at the end of each month. You expect that you will sell the house in 7 years. How much of the principal will you have repaid at the time you plan to sell the house? $71,731.03$9,371.71$8,564.05$79,786.43$12,073.95