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The present value of the payout is: (Round your answers to the nearest whole dollar:) Option #1: Option #2: Option #3: Congratulations! You have won

image text in transcribedimage text in transcribed The present value of the payout is: (Round your answers to the nearest whole dollar:) Option \#1: Option \#2: Option \#3: Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: View the payout options. Assuming you can earn 12% on your funds, which option would you prefer? View the Present Value of $1 table. View the Present Value of Ordinary Annuity of $1 table. View the Future Value of $1 table. View the Future Value of Ordinary Annuity of $1 table. Payout Options

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