Using financial caluclator:

5-21 (part 'a' only) Kristina just won the lottery, and she must choose among three award options. She can elect to receive a lump sum today of $62 million, to receive 10 end-ofyear payments of $9.5 million, or to receive 30 end-of-year payments of $5.6 million. - If she thinks she can earn 7% annually, which should she choose