You won a lottery that will make equal payments of $3,500 at the end of each year for the next seven years. If the annual interest rate stays constant at 6%, what is the value of these payments in today's dollars? Round your answer to the nearest whole dollar. $24,423 $20,710 $19,538 $16,607 You found out that now you are going to receive payments of $9,500 for the next 16 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 10%. What is the present value of these payments? Round your answer to the nearest whole dollar. $74,325 $81,758 $110,373 $65,406