Ofen lotery winnings are divided into equal payments given annually for 20 - 25 years. So the present value of the winnings is worth less than the actual jackpot, depending on the rate at which money...

Extracted text: Ofen lotery winnings are divided into equal payments given annually for 20 - 25 years. So the present value of the winnings is worth less than the actual jackpot, depending on the rate at which money could be invested. Find the prosent value in dollars using the givon conditions. Complete the table for each amount, interest rate, and number of payments. Jackpot Amount $4,000,000 Interest Rate Equal Annual Payments Present Value (in dollars) 5% 20 $4,000,000 12% 20 $4,000,000 5% 25 $4,000,000 12% 25 (Round to the nearost dollar as noeded.)