You win the Publishers Clearing House Sweepstakes. You can choose between getting a lump sum of $5,381,214 now or getting $700,000 every year for 10 years, starting one year from now. 4 If you take the money now and invest it, you'll expect to earn an annual return of 5%. Part 1 Attempt 1/10 for 10 pts. Which option should you take? To compare the two options, first find out what is the 10 yearly payments worth to you as of today? p+ decimals

You win the Publishers Clearing House Sweepstakes. You can choose between getting a lump sum of $5,381,214 now or getting $700,000 every year for 10 years, starting one year from now. If you take the money now and invest it, you'll expect to earn an annual return of 5%. Part 1 - A Attempt 1/10 for 10 pts. Which option should you take? To compare the two options, first find out what is the 10 yearly payments worth to you as of today