Find present value of the payout for option 1 2 and 3

Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: E (Click the icon to view the payout options.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 fable.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Assuming you can eam 6 % on your funds, which option would you prefer? The present value of the payout is: (Round your answers to the nearest whole dollar.) Data Table Option #1: Option #1 : $15,000,000 after five years Option #2: $2,100,000 per year for five years Option #3: $12,000,000 after three years Print Done Enter any number in the edit fields and then click Check Answer 3 parts remaining Clear All