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 viens Present Value of Ordinary Annuity of $1 table.) (Click the loon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Assuming you can earn 6% on your funds, which option would you prefer? Data table - The present value of the payout is: (Round your answers to the nearest whole dollar.) Present value of the payout, Option 11 Option #1: $15,000,000 after five years Option #2: $2.100,000 per year for five years Option 33: $14,000,000 after three years - X Reference Present Value of 1 Periods 1% 2% 3% 49 5% 6% 796 99% 10% 12% 14% 15% 16% 18% 20% Period 1 10.990 0,980 09710962 0.952 0943 0.935 0926 0917 0.9090993 0877 0.8700862 0.847 0.833 Period 20.980 0961 0.9430.925 0.9070.890 0.875 0.8570.542 0.2060797 0.769 0.756 0.7430.7180.694 Period 3 097109420,915 0.8890.8660.840 0.16 0.7940.772 071 0.712 0.675 0.658 0.64 0.6090.579 Period 40.961 0.9240.880.85 0.23 0.7920.760.735 0.70 0.6830,636 0.5920.57205520,5160482 Period 5 0.951 0.9060.863 0.822 0.784 0.747 0.71305810.650 0.421 0.5670.5190.497 0.4760437 0.402 Period 6 0.942 0.88808370.790 0.746 0.705 0.6660.630 5960-5640.507 0.456 0.4320 4100 3700335 Period 7 0.93308210.8130.7600.7110665 0.623 0.530 540 513 0.450.400 0.376 0354 0.3140.279 Periods 0.923 0,853 0.7890,731 06770.6270520540 0.500 0.46704040.351032703030.266 0233 Period 9 0.914 08370.766 0.7030665059205445000 4500434 0.3610308 0.2840-263 0.225 0.194 Period 10 0 9050 3200.7440.67606140550 5080463042218633202700.3470 227 0.1910.162 Period 110.896 0.8040.7220.69 0-385 0.527 0.475 0.400.350 0257 0.2370215 0.1950 1620135 Period 12 0587 0.78 0.701062505570.49704440 1970356 03190257 02080.1870.16 0.17 0.112 Period 130.879 0.773 0.681 0.6010-5300 4690.415 0.16 0.125 0.2900229 0.1820 163 0.145 0.116 0.093 Period 140.870 0.750 0.661|0:577.505 0.442 0.1880.340 0.299 0265 0205 0.15 0.141 0.125 0.099 0.078 Period 150 610.7490 642055504510417 0.3620315 0.275 0.239.100.14001230 1030.0840065 Period 160.853 0.7280.623 0.534 0.458 0.1940339 0.2920 2520.2180.1630.123 0.1070093 0.071 0.054 Period 170.144 0.71406050313 0.436 0.371 03170270 0.231 0.19 0.1460108 0.093 0.05000600.045 Period 18 0,836 0.7000.587 0.494041603500296 0.250 0.2120180.130 0.095 0.081 0.0690.051 0.038 Period 19 0.125 0.656 0.570 0.475 0.3960331 0.2770232 0.194.1640.116 0.003 0.070 0.000 0.04 0.031 Period 2010 200.673 0.3540.456 037703120.2580215 0.1750 149 1040,073 0.061005100370026 Period 100.660 0.538 0.439 0.35902940242 0.19 0.164 0.13 0.093 0064 0.053 0.0440031 0.022 Period 220.03 0.647 0.522042203420.270.226 15 0.15 0.1230830.0560046 0.035 0.026 0.018 Period 230.795 0.63405070 4050 1260.22 0.211 0.100.150.1120074 0.049 0.040 0.0330032 0.015 Period 24078806220,4920 3900 3100247 0.197 0.15 0.1260.1020.066 0.04 0.035 0.028 0.0190.013 Period 25 0.750 0.610 0.478 0.375 0.295 0235 0.14 0.14 0.116 00920 059 0.038 0.030 0.034 00160010 Period 260.772 0.59804640361 028102200172 0.135.105 0.00055 0.033 0,0260,03100140,009 Period 27 0.76405860450 0.3470.268 0.207 0.161 0125 0098 0.076 0.007 0.0290.02300100110,007 Period 20.757 0.5740,437 0.33 0.250.1960.1500116 0.00 0.00 0.00 0.025 0.0200016 0.0100006 Period 29 0.74905630,4240321 03410185 0.1410.10700063003003200170.014 0.008 0.005 Period 300.7420 55204120.JON 0210.1740131 0.099 09750057003002000150012 0.0070004 Period 400.672 0.450.507 0.20 0.1420.097 0.067 0.04606320022 0.0110.000.0040.003 0.001 0.001 Period 500 60.372 0.2280141 0.07 0.054 0.03400010130.000 0.00 0.00 0.00 0.001