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Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: (Click the icon to view the payout options.)

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Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: (Click the icon to view the payout options.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (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 eam 12% on your funds, which option would you prefer? The present value of the payout is: (Round your answers to the nearest whole dollar.) Present value of the payout, Option \#1: Data table Option \#1: $15,000,000 after five years Option \#2: $2,150,000 per year for five years Option \#3: $14,000,000 after three years Reference Present Value of Ordinary Annuity of $1 Print Done Future Value of $1 Print Done Futura Valut off Andinane Annuthe ace eA

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