Question: 8.5.27 Question Help Marcus has won a $10,000,000 state lottery, He can take his prize as either 10 yearly payments of $1,000,000 or a lump

 8.5.27 Question Help Marcus has won a $10,000,000 state lottery, He

8.5.27 Question Help Marcus has won a $10,000,000 state lottery, He can take his prize as either 10 yearly payments of $1,000,000 or a lump sum of $8,420,000. Which is the better option? Assume an interest rate of 9% Select the correct choice below and, if necessary, fill in the answer box to complete your choice. (Round to the nearest dollar as needed.)

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