Question: Bric just won $13 million in the state lottery. He's been given the option of receiving a total of: 1. $6.6 million now or 2.

Bric just won $13 million in the state lottery.

He's been given the option of receiving a total of:

1. $6.6 million now

or 2. he can elect to be paid $600,000 at the end of each of the next 35 vears.

If Eric can earn 9%% annually on his investments. which option should he take? (1 or 2)

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