You have won the State Lottery that calls for you to receive $50,000 every six months for 20 years. The State uses a discount rate of 5.7 percent. If you wish to receive a lump sum amount of money today instead of the monthly payment, how much will you receive today? $1,184,283.00 $1,399,512.75 $2,000,000.00 $1,175,456.84 O $1,372,917.25 Find the missing cash flow in the following table. You are given that the present value of the cash flows, including the missing cash flow, is equal to $65,809 and that the interest rate is 7.2 percent. End of Year Cash Flow 1 $15,800 2 $15,800 3 $xxxx 4 $11,700 5 5 $18,000 $11,700 $15,747 $13.926 $19,400 $17,600 Today, you borrowed $12,200 on your credit card to purchase some furniture. The interest rate is 16.8 percent, compounded monthly. How long will it take you to pay off this debt assuming that you do not charge anything else and make regular monthly payments of $190? 15.2 years 13.7 years 16.9 years 14.5 years