You want to evaluate two different investment opportunities: Delta offers an annual interest rate of 10 %, but is compounded monthly. You need to make equal end-of-month $3,200 payments for 9-years. Sigma offers an annual interest rate of 12 %, compounded annually. You make a lump-sum investment now, and hold it for 9 years. How much money would you need to invest with Sigma, today, for it to be worth the same amount as Delta9 years from now