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You win the state lottery jackpot of $ 9 0 comma 0 0 0 9 0 , 0 0 0 and are given the following
You win the state lottery jackpot of $ comma and are given the following three options: getting a lumpsum payment for the entire amount years from now, receiving three equal payments of $ comma over years with the first payment starting next year, or receiving three equal payments of $ comma with the first payment starting today and the next payments occurring over the following years.
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If the interest rate is percent then receiving the lumpsum payment years from now would have a present value of $enter your response here. Round your response to two decimal places
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