5-9 Present Value of an Ordinary Annuity Problem 5-22 Evaluating lump sums and annuities Crissie just won the lottery, and she must choose between three award options. She can elect to receive a lump sum today of $62 million, to receive 10 end-of-year payments of $9.4 million, or 30 end-of-year payments of $5.4 million a. If she thinks she can earn 790 percent annually, which should she choose? -Select b. If she expects to earn 8% annually, which is the best choice? -Select C. If she expects to earn 9% annually, which would you recommend? -Select- d. Explain how interest rates influence the optimal choice. -Select