Exercise 9-6 Chuck has just won the Flyball Lottery. He has two options for receiving his prize. The first option is to accept a $131,000 cash payment today. The second option is to receive $17,300 at the end of each of the next 12 years and a $32,100 lump sum payment in the 13th year. Chuck can invest money at a 9% rate. Click here to view the factor table (a) Calculate the present value of the two options. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to O decimal place, e.g. 58,971.) Option 1 Option 2 Present value Which option should Chuck choose to receive his winnings? (b) If Chuck could invest money at 12%, calculate the present value of the two options. (For calculation purposes, use 4 decimal places as displayed in the factor table provided and round final answer to o decimal place, e.g. 58,971.) Option 1 Option 2 Present value s Which option should he choose? Click if you would like to Show Work for this question: Open Show Work