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Hey I am looking for some help with this grade 11 math question, you can disregard the writing part but please ensure that you thoroughly

Hey I am looking for some help with this grade 11 math question, you can disregard the writing part but please ensure that you thoroughly explain every step of your solution.

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Important When answering questions in a mathematics course always be sure to use the following guidelines to help you do your best: . Provide full solution, showing all of your steps. . Make sure that there is one step or idea per line. . Use one equal sign per line. . Make sure that equal signs line up vertically. . Don't use self-developed short form notations. 5. A lottery offers two options for a prize a. Which option would the winner choose if you expect to live for another: 0 20 years? 50 years? b. Use technology to determine the range of life expectancyes when each option is preferred Show your work. c. Write a brief reflection about which option you would choose, and why. Option A: $1 000 a week for life. Option B: $1 000 000 in one lump sum. if you choose Option B. you have the opportunity to place the winnings into an investment that also makes regular payments, at a rate of 3%/a, compounded weekly. The annuity will pay out a LO specific amount weekly based on how long you want the annuity to last. 12

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