2. The Powerball lottery offers you the following choice: take half of the total cash prize immediately, or all of it in 25 annual installments. For example, one year, when the total prize was $250 million, your choice was $125 million immediately or $10 million per year for 25 years (assume you receive the first check immediately). If you can earn 8% on your investments, which choice would you make? What if you could only earn 6%? 3. You receive a special offer from your credit card company of 10.25%, compounded monthly. Your bank offers you a personal credit line at 10.30%, compounded quarterly. Which is the better offer