N. Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: (Click the icon to view the payout options.) (Click the icon to view Present Value of $1 table) Click the icon to view Present Value of Ordinary Annuity of S1 table.) (Click the icon to view Future Value of $1 table) $ (Click the licon to view Future Value of Ordinary Annulty of $1 table.) Assuming you can earn 12% on your funds, which option would you prefer? The present value of the payout is: (Round your answers to the nearest whole dollar) Present value of the payout, Option #1: Present value of the payoutOption #2: Present value of the payout, Option #3 (Enter your answer as a numeral-09. 1.) The highest present value using the 12% discount rate and the option that, therefore, appoars to be the most favorable, is payout option # Data table Option 1: $14,000,000 after five yoprs Option #2: $2.100,000 per year for five years Option 3: $10,000,000 after three years Print Done