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You just won the $62 million lottery. You will receive $1.9 million a year for the next 25 years plus an additional payment of $14.5

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You just won the $62 million lottery. You will receive $1.9 million a year for the next 25 years plus an additional payment of $14.5 million at the end of 25 years. The interest rate is 13 percent How much is your lottery prize worth today? (Enter your answer as a positive number rounded to 2 decimal places.) You just won the $62 million lottery. You will receive $1.9 million a year for the next 25 years plus an additional payment of $14.5 million at the end of 25 years. The interest rate is 13 percent How much is your lottery prize worth today? (Enter your answer as a positive number rounded to 2 decimal places.) If you owe $33.000 payable at the end of six years, what amount should your creditor accept in payment immediately if the interest rate on the loan is 11 percent? (Enter your answer as a positive number rounded to 2 decimal places.)

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