Congratulations! You have won the Lottery For Life and are the proud winner of $1,000 per week for the rest of your life!! You have the option of accepting a cheque for $1000 per week until you die, or reach the age of 75, whichever comes sooner. Alternatively, you may accept a cash payout of $2 million now. ( A0 \6 j7 E) _7 e3 E- D0 ]a) Calculate the amount of money that the Alberta Lottery Corporation must keep in the bank to be able to pay the weekly prize. ) D) y8 E/ s1 A# SAssume the following: 3 n3 U7 _/ g& e- r = 0.06 (6 percent) ! e o* Z/ e" v9 b( S8 ]- Interest is paid annually to the Lottery Corporation