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Lindsey Mason has just won the state lottery. The state offers the following three payout options for after-tax prize money: 1. $50,000 per year at

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Lindsey Mason has just won the state lottery. The state offers the following three payout options for after-tax prize money: 1. $50,000 per year at the end of each of the next six years 2. $300,000 (lump sum) now 3. $400,000 (lump sum) six years from now Calculate the present value of each scenario using an 8% annual discount rate. Round to nearest whole dollar. Present value of an ordinary annuity of $1: 7% 0.935 1.808 2.624 3.387 .100 4.767 8% 9% 0.9260.917 1.783 1.759 2.577 2.531 3.312 3.240 3.993 3.890 4.623 4.486 5 4 te XMM N ew NS, Calculate the present value of each scenario using an 8% annual discou Round to nearest whole dollar. Present value of an ordinary annuity of $1: 7% 0.93 1.808 2.624 3.387 4.100 4.767 8% 0.926 1.783 2.577 3.312 3.993 4.623 9% 0.917 1.759 2531 3.240 3.890 4.486 Present value of $1: 996 0917 7% 0.93 0.873 0.816 0.763 0.713 0.666 8% 0024 0.926 0.8570.842 0.7940.772 0.7350.708 0.681 0.650 0.630 0.596

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