Question: Calculate the ption #1: ption #2: ption #3: Congratulationsl You've won a state lottol The state lottery offers you the following (after-tax) payout options (Click






Calculate the ption \#1: ption \#2: ption \#3: Congratulationsl You've won a state lottol The state lottery offers you the following (after-tax) payout options (Click the icon to view the payout options) (Click the icon to view the present value factor table) (Click the icon to view the present value annuity factor tabie.) (Click the icon to view the future value factor table.) (Click the icon to view the future value annuity factor table.) Requirement Assuming that you can earn 8% on your funds, which option would you prefer? (Round your answers to the nearest whole dollar) Calculate the present value for each payout Option \#1. Data table Option \#1. $14,500,000 five years from now Option #2.$2,200,000 at the end of each year for the next five years Option \#3: \$13,000,000 three years from now Reference elerence Reference Reference
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