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assuming you can earn 10% on your funds, which option woukd you prefer? Congratulationsl You h.me won a state lotiory. The sate lotlery offers you

assuming you can earn 10% on your funds, which option woukd you prefer? image text in transcribed
Congratulationsl You h.me won a state lotiory. The sate lotlery offers you the fotowing afler-tax) fayout options (Click the icon to view the payout options.) (Cick tho icen to viow Present Value of 51 tabie) (Cick the icon to view Present Value of Ordinary Aenuly of 51 tuble.) (CHick the icon to virw Fullure Value of 51 table.) (Cick the icoesto wow Fufuee Vabie at Ordinary Acrulty of 51 tatile ) Assuming you can eam 10% ch Data table The present value of the payou Present value of the payout. C Option an 11:515,000,000 atter bve years Option a7i $2.150,000 par year tor five yeare Option a3t 512,000.000 aftar itisee years

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