Congratulations! You have won the lottery. The lottery offers you the following payout options: Option #1: $11,009,000 after 9 years. Option #2: $1,973,000 per year for 9 years. Option #3: $11,242,000 per year for 2 years. Use the Present Value of $1 or the Present Value of Ordinary Annuity of $1 tables from above. Round final present value to the nearest whole number. When calculating the present values, be sure to use the full present value factor or annuity factor to 3 decimal places in your calculations. Note that the answer key will show the values rounded to 2 decimal places due to display limitations. Assuming you could earn 4% on your funds, which option would you prefer? 1) Amount of Cash X Present Value Factor = Present Value Rank 1-3 X (1 = best choice) 2) Amount of Cash X Annuity Value Factor = Present Value Rank 1-3 (1 best choice) X = 3) Amount of Cash X Present Value Factor = Present Value Rank 1-3 (1 = best choice) X =