You have won the lottery and received a check for $1, 275, 156 today. You invest the lottery check today at an annual interest rate of 8% and allow it to build for a full ten years. At that point in time, you shift the money to an account paying only 6% per year. You plan to spend $175,000 per year in retirement (assume equal annual end-of-the-year cash flows) for 30 years, and your first retirement cash flow is exactly eleven years from today. Will you have enough money to fully fund your desired retirement? Use a calculator to determine your answer. Yes, because your investment will allow you to spend up to $225,000 per year in retirement. Yes. because your investment will allow you to spend up to $200,000 per year in retirement. No, because your investment will allow you to spend up to only $137,000 per year in retirement. No, because your investment will allow you to spend up to only $158,000 per year in retirement. You have won the lottery and received a check for $1, 275, 156 today. You invest the lottery check today at an annual interest rate of 8% and allow it to build for a full ten years. At that point in time, you shift the money to an account paying only 6% per year. You plan to spend $175,000 per year in retirement (assume equal annual end-of-the-year cash flows) for 30 years, and your first retirement cash flow is exactly eleven years from today. Will you have enough money to fully fund your desired retirement? Use a calculator to determine your answer. Yes, because your investment will allow you to spend up to $225,000 per year in retirement. Yes. because your investment will allow you to spend up to $200,000 per year in retirement. No, because your investment will allow you to spend up to only $137,000 per year in retirement. No, because your investment will allow you to spend up to only $158,000 per year in retirement