need answer for letter b, thank you

In early 2019, the Powerball lottery was advertised as having a payoff of 5750,000,000. The winner was given the choice of receiving $465,500,000 at once or equal annual payments over the next 30 years that would total $750,000,000 Assume that the winner receives each of the equal annual payments as a lump-sum payment at the end of each year Source: Zack Friedman, "Do This Next it You Win the $750 Million Powerball Jackpot," forbes.com, March 25, 2019. (This question is difficult and requires the use of a financial calculator or a spreadsheet Hint. If you are familiar with the Excel spreadsheet program, questions and ccan be answered by using the Excel PV (Present Value) function and question d can be answered using the RATE function.) a. Is the bottery being accurate in stating that the winner will receive $750,000,000? Brolly explain O A Yes, because $750 million is the total amount that will be paid out OB. Yes the timing of the payments allows the $750 milion to be considered a present value No, because the payments are made at the end instead of the beginning of each year, V No because 5756 million in the sum of payments over the years, not the present value of the payments b. Ar an interest rate of 12 percent, what would be the present value of the 30 poyments The present value is 5 (Enter your response rounded to the nearest penny) Wenharing