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question 9-21 please help and show an excel sheet 9-21 Jack just discovered that he holds the winning ticket for the $87 million mega lottery
question 9-21
9-21 Jack just discovered that he holds the winning ticket for the $87 million mega lottery in Missouri. Now he needs to decide which alternative to choose: (1) a $44 million lump-sum payment today or (2) a payment of $2.9 million per year for 30 years. The first payment will be made today. If Jack's opportunity cost is 5 percent, which alternative should he choose please help and show an excel sheet
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