You have just won the Oddball lottery. The payments are slightly unusual in that you will be paid $500,000 every two months with the first payment four months from today and a total of 80 payments. You will also receive $750,000 every eight months with the first payment eight months from today and a total of 40 payments. When the payments coincide, for example eight months from today, you will receive both payments. If the interest rate is 0.7 percent per month, what is the value of your winnings today? S Amount of first payments Number of payments in first amount Amount of second payment Number of second payment amount Monthly interest rate S 500,000 80 750,000 40 0.70%