Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: EEB (Click the icon to view the payout options.) Data Table Click the icon to view Present Value of $1 table) Click the icon to view Present Value of Ordinary Annuity of $1 table) Option #1 $13,000,000 after five years Option #2 $2.200.000 per year for five years Option #3: $12,000,000 after three years (Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Assuming you can earn 8% on your funds, which option would you prefer? The present value of the payout is: (Round your answers to the nearest whole dollar.) Option #1 Option #2: Option #3: Enter your answer as a numeral-e.g., 1.) Payout Option # has the highest present value using the 8% discount rate Therefore, it appears to be the most favorable option. Print Done Enter any number in the edit fields and then continue to the next