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Wado Hinton hits the $144,000 jackpot at the Palns Casino in Las Vegas The casino gives him two optoens for collecting his winnings: (Click the

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Wado Hinton hits the $144,000 jackpot at the Palns Casino in Las Vegas The casino gives him two optoens for collecting his winnings: (Click the icon to view the two options) (Click the icon to view the Future Value of $1 table) (Click the icon lo view the Presont Value of $1 table) (Click the icon to view the Future Value of an Ordinary Annully table.) (Click the icon to view the Present Value of an Ordinary Annuily Libe) (Click the icon to view the Future Value of an Annuliy Due table) (Cick the icon to viers the Present Value of an Arnuly Due table.) Requirement Given an interest rale of 3% compocinded annually, which eption should Hinton choose? (Use the present value and future value tables, the formula method, a financlal calculator, or a spresdsheet for your calculations if using present and fulure value tables or the formula method, une factor amounts rounded to five decinal pluces, X. OCCOCX. Round your final answer to the nearest cent, $ ) More info Begin by computing the present value of oplion A The present value of Option A is Oxdion A Hinton can take all of his winnings today They wil be taxed by the federal governenent at 30% Getion B. Finton can recelve his winnings on an installunem plan the would recelve 18 equal payreents of $10,000 beginning loday. Each payment wis be taxed at a rate of 10% (Assume that taxes are laken out at the time of parment under both options)

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