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You win the lottery and must decide how to take the payout. Use a 6% discount rate. What is the present value of $17,000 a

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You win the lottery and must decide how to take the payout. Use a 6% discount rate. What is the present value of $17,000 a year received at the end of each of the next eight years? Present Value of $1 Periods 4% 6% 8% 10% 12% 5 0.822 0.747 0.681 0.621 0.567 6 0.790 0.705 0.630 0.564 0.507 7 0.760 0.665 0.583 0.513 0.452 8 0.731 0.627 0.540 0.467 0.404 9 0.703 0.592 0.500 0.424 0.361 10 0.676 0.558 0.463 0.386 0.322 000 Present Value of Annuity of $1 Periods 4% 5 4.452 5.242 7 6.002 8 6.733 9 7,435 10 8.111 COU 6% 4.212 4.917 5.582 6.210 6.802 7.360 8% 3.993 4.623 5.206 5.747 6,247 6.710 10% 3.791 4.355 4.868 5.335 5.759 6.145 12% 3.605 4.111 4.564 4.968 5.328 5.650 O A. $10,659 OB. $105,570 O C. $136,000 OD. $72,471

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