You have the opportunity to invest in several annuities. Which of the following 10-year annulties has the greatest present value (PV)? Assume that all annuities earn the same positive interest rate: An annuity that pays $500 at the beginning of every six months An annulty that pays $1,000 at the end of each year An annuity that pays $500 at the end of every six menths An annuity that pays $1,000 at the beginning of each year You bought an annuity selling at \$2,867.74 today that promises to make equal payments at the beginning of each year for the next twelve years ( N ). If the annuity's appropriate interest rate (I) remains at 9.50% during this time, then the value of the annual annuity payment (PMT) is You just won the lottery. Congratulationsi The jackpot is $35,000,000, paid in twelve equal annual payments. The first payment on the lottery jackpot will be made today. In present value terms, you really won -assuming annuat interest rate of 9.50%