please use excel functions in your answer. thank you!

Q4. Congratulations, you have matched four numbers in the Louisiana State Lottery. You have two choices as to how you may receive your prize, described below. Verify that you are indifferent between the two alternative payout schemes if your required return on investments of similar risk is 5.50%. Alternative 1: You receive an after-tax prize of $84,176.87, today. Alternative 2: You would receive a quarterly, after-tax prize of $2,750 every three months for the next ten years. Answer: 5.50%. Note: There are three approaches that could be used to answer this question. I would suggest that you save this problem for last, to see which of the ten spreadsheet solutions have not been used. Extra Credit: Determine the two additional approaches that could also be used to answer this question. Enter the Complete Alternative Answers in Cells (G46) and (G48) and Functions (in cells H46 and H48) to receive full extra credit. Hint: You should be able to use previously-determined functions (albeit with a little modification) and use COPY as we did in class to do this extra credit. E.C. Alternate 1 Answer: $84,176.87. E.C. Alternate 2 Answer: $2,750.00. 0.00000 4 Implicit Rate of Return for an Annuity Yrs ARate PV PMT 10 $2,750.00 FV Function PVIFA Equation m 4