Can you show the math that leads you to the answer. What equation do you use?

PMTO (PMT 5. You just won a lottery jackpot of S100 million. You need to decide how you would like to be paid from the three payment options. You can elect to receive a lump sum today of 864 million, to receive 10 end-of-year payments of $9.8 thillion, or to receive 30 end-of-year payments of $5.5 million. If you think you can earn 8% annually, which should you choose? a. The lump sum payment today of S64 million OPTION 1 = 'Pv: 64 million N The 10 end-of-year payments of S9.8 million c. The 30 end-of-year payments of S5.5 million V OPTION2 - PV 65,76 million J Ev d. All are the same, so you are indifferent OPTIONS ( 61.92 million PMIT