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Congratulations! You just won the California lottery. Unfortunately, you didn't win the big one in the lottery, but you did win the Sort - of
Congratulations! You just won the California lottery. Unfortunately, you didn't win the big one in the lottery, but you did win the SortofOK Prize. The prize consists of $ but not all at once. You will receive $ at the end of each of the next years. However, you can choose to take the money in one lump sum. If you can invest at percent, what is the amount you would receive if you took your winning amount today?
A $
B $
C $
D $
E $
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