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UESTION You just won a special drawing (fottery) that wil pay an annual payment of $125 every year indefinbely First payment will be given today

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UESTION You just won a special drawing (fottery) that wil pay an annual payment of $125 every year indefinbely First payment will be given today paym ent discounted at 4% today How much win you get if you go with the lump sum option today? You also have the option of geting a lump som payment of that perpehual $3125 $3000 $3250 $2.063 33 Need more information

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