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Mary Alice just won the lottery and is trying to decide between the options of receiving the annual cash flow payment option of $270,000 per
Mary Alice just won the lottery and is trying to decide between the options of receiving the annual cash flow payment option of $270,000 per year for 20 years beginning today, or receiving one lump-sum amount today Mary Alice can earn 4% investing this money. At what lump-sum payment amount would she be indifferent between the two alternatives? (EV ot $1. PV of $1. FVAot 1. EVA of$1 EVAD. of $1 and PVAD of $) (Use appropriate factor(s) from the tables provided and round final answer to nearest whole dollar amount.) Multiple Choice $4.086,164 $5400000 $3669.389 $3,816164
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