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congratulations you have won the state lottery the state lottery offers you the following after-tax payout options assuming you can reach 10% of your funds
congratulations you have won the state lottery the state lottery offers you the following after-tax payout options assuming you can reach 10% of your funds which option would you prefer.
Conoratulatinns! You hare won a stife lattery. The state letlery otlers you the folowing (afine-tax) payout opbons (Click the icon to view the pryout optiens.) tCick the icon to vinw Present Walue of 51 table) lCick the ioon to Vete Presant Value of Orinury Annuly of st tatie) [Click the icon to view Futurn Walue of $1 tatie.] (Clok the icon to vitw Future Vabie of Orsinary Arnwity ol 51 tabin ) Assuming you can eam 10% on your finds, which opticn would you prefer? The ptesont value of the payout is; (Round your answern to the neorest whole dollar.) Present value of the payced Option as. Dta table Option W1: $15,000,000 after five yean Option m2: 53,200,000 per year for five yearn Option a3: 511,000,000 asor ithet yeart Peference Reference Reference Step by Step Solution
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