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.) At an interest rate of 15 percent annually, how long will it take for a $1,000 to double? To triple? (Round your answers to 2 decimal places.) Time needed to double Time needed to triplo years years Larry Davis borrows $81,000 at 11 percent interest toward the purchase of a home. His mortgage is for 25 years. a. If Larry decides to make annual payments, how much will they be? (Enter your answer as a positive number rounded to 2 decimal places.) Annual payments b. How much interest will he pay over the life of the loan? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Total interest