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Congratulations! You've won a state lotto! The state iottery offers you the following (after-tax) payout options: (Click the loon to view the payout options.) (Cick

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Congratulations! You've won a state lotto! The state iottery offers you the following (after-tax) payout options: (Click the loon to view the payout options.) (Cick the icon to view the present value factor table.) (Click the icon to view the present value annuity facior table.) (Cick the icon to view the future value factor table.) [Cick the icon to view the future value arnuity factor table.) Requirement Assuring that you can earn 8% on your funds, which option would you prefer? (Round your ansawers to the nearest whole dolar.) Calculate the present value for each payout. Option #1: Reference Reference Reference

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