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Dana just won $1,000,000 in the state lottery. Her prize can be taken either in the form of $40,000 at the end of each of

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Dana just won $1,000,000 in the state lottery. Her prize can be taken either in the form of $40,000 at the end of each of the next 26 years (annuities), or as a single amount of $500,000 paid immediately. If the discount rate is 3% annually, which alternative she should take? and why? Select one: a. She should take the annuities because they are $208,178 higher in value today than the single amount b. She should take the $500,000 because it's value today is higher than the value of the $40,000 payments for the next 26 years c. She should take the annuities because they are $223.214 higher in Select one: a. She should take the annuities because they are $208,178 higher in value today than the single amount b. She should take the $500,000 because it's value today is higher than the value of the $40,000 payments for the next 26 years c. She should take the annuities because they are $233,214 higher in alue today than the single amount d. She should take the annuities because they are $215,074 higher in value today than the single amount

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