A $2,100,000 state lottery prize is spread evenly over fourteen years ( $150,000 a year) (Alternative 1), or you may take a lump distribution of $1,792,000 (Alternative 2) If you can earn 7 percent, caiculate the present vakues of both aiternatives Use appendix D to answer the question Round your answers to the nearest dollar PV(Alternation i) s PV(aternative 2) 5 Which alternative is better

Question

A $2,100,000 state lottery prize is spread evenly over fourteen years ( $150,000 a year) (Alternative 1), or you may take a lump distribution of  $1,792,000 (Alternative 2)  If you can earn 7 percent, caiculate the present vakues of both aiternatives  Use appendix D to answer the question  Round your answers to the nearest dollar  PV(Alternation i)  s PV(aternative 2) 5 Which alternative is better

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Question

A $2,100,000 state lottery prize is spread evenly over fourteen years ( $150,000 a year) (Alternative 1), or you may take a lump distribution of

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