Janet just won $2.5 million in the state lottery. She is given the option of receiving a payment of $1,500,000 now, or she can elect to receive $100,000 at the end of each of the next 25 years. If Janet can earn 4% annually on her investments, which option should she take? A. If Janet takes the prize as an annuity, the present value of the 25year ordinary annuity is $ (Round to the nearest dollar, and don't include a '\$' sign in your response.) B. If Janet takes the prize as a single amount, the present value of the lump sum is $ . (Round to the nearest dollar, and don't include a '\$' sign in your response.) C. Which alternative should be chosen? (enter either 'Lump sum payment' or 'Annuity payments')