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istina just won the lottery, and she must choose among three award options. She can elect to receive a lump sum today of $64 million,

istina just won the lottery, and she must choose among three award options. She can elect to receive a lump sum today of $64 million, to receive 10 end-of-year payments of $9.9 million, or to receive 30 end-of-year payments of $5.9 million. If she thinks she can earn 7% percent annually, which should she choose? -Select- If she expects to earn 8% annually, which is the best choice? -Select- If she expects to earn 9% annually, which option would you recommend? -Select- Explain how interest rates influence her choice.

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