You have the opportunity to invest in several annuities. Which of the following 10-year annuities has the greatest present value (PV)? Assume that all annuities earn the same positive interest rate O An annuity that pays $500 at the beginning of every six months An annuity that pays $500 at the end of every six months O An annuity that pays $1,000 at the beginning of each year O An annuity that pays $1,000 at the end of each year An ordinary annuity selling at $15,880.02 today promises to make equal payments at the end of each year for the next 12 years (N). If the annuity's appropriate interest rate (1) remains at 5.00% during this time, the annual annuity payment (PMT) will be You just won the lottery. Congratulations! The jackpot is $60,000,000, paid in 12 equal annual payments. The first payment on the lottery jackpot will be made today. In present value terms, you really won assuming annual interest rate of 5.00%