ngratulations! 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 $1 table (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table. Assuming you can earn 8% on your funds, which option would you prefer? The present value of the payout is: (Round your answers to the nearest whole dollar.) Option #1: Option #2: Option #3: Enter your answer as a numeral-e.g., 1.) Enter any number in the edit fields and then continue to the next question Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout op EEB (Click the icon to view the payout options.) (Click the icon to view Present Value of $1 table.)C (Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordina (Click the icon to view Present Value of Ordi Assuming you can earn 8% on your funds, which option would you prefer? Option #2: Option #3: (Enter your answer as a numeral-e.g., 1.) Payout Option # | | has the highest present value using the 8% discount rate. Therefore, it appears to be t favorable option. state lottery offers you the following (after-tax) payout options: Annuity of $1 nnuity of $1 ta i Data Table ption Option #1: $12,000,000 after five years Option #2: $2,250,000 per year for five years Option #3: $11,000,000 after three years Print Done value most ontinue to the next question. 13