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Larry just won the lottery and must choose between three award options: 1. A lump sum of $5,000,000 received today 2. 15 end-of-year payments of

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Larry just won the lottery and must choose between three award options: 1. A lump sum of $5,000,000 received today 2. 15 end-of-year payments of $625,000 3. 40 end-of-year payments of $450,000 For each option in the table, indicate which values to enter for each variable in your financial calculator. Assume the interest rate is 8.00%, entered as 8 on your financial calculator

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