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You have just matched all of the winning numbers of the recent Mega Gillions drawing. The jackpot was $100.000,000. Your choices are to receive your

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You have just matched all of the winning numbers of the recent Mega Gillions drawing. The jackpot was $100.000,000. Your choices are to receive your pete in equal annual installments over the next 20 years, or take a lump sum payment of $62,500,000 today. Leaving out the effect of taxes, and assuming a discount rate of 5% annually, which is the better option in terms of present value? Multiple Choice Instant Lum Sum Theresent Voice of each option is the same Cannot determine based on the information given

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