2. You have recently won the super jackpot in the Set for Life Lottery. On reading the fine print, you discover that you have the following two options: a. You will receive 31 annual payments of $400,000, with the first payment being delivered today. The income will be taxed at a rate of 36 percent. Taxes will be withheld when the checks are issued. b. You will receive $1,000,000 now, and you will not have to pay taxes on this amount, In addition. beginning one year from today, you will receive $325,000 each year for 30 years. The cash flows from this annuity will be taxed at 36 percent. Using a discount rate of 4.5 percent, which option should you select? (50 pts) PVAnnuity=A[r1(1+r)n1]FVAnnuity=A[r(1+r)n1]