Barbara is already trying to decide what to do with future lottery winnings, but she hasn't won yet! The drawing this Saturday has a projected lump-sum payout of $4,450,000. Alternatively, the winner could accept an annual payout of $390,000 for the next 20 years. Barbara, who is 25 years old, estimates that a comparable investment could earn a 12% return in the current market. Click here to view the factor table Which payout option should Barbara choose when she wins the lottery? (Round present value factor calculations to 5 decimal places, e.g. 1.25124 and final answer to 2 decimal places e.g. 5,125.36.) PV of annual payment $ Barbara should choose the payment