ek to Assignment Attempts Keep the Highest/4 18. Problem 5.21 (Evaluating Lump Sums and Annuities) eBook Problem Walk-Through Kristina just won the lottery, and she must choose among three award options. She can elect to receive a lump sum today of 362 million, to receive 10 end-of-year payments of $9.6 million, or to receive 30 end-of-year payments of $5.5 million a. If she thinks she can earn 7% percent annually, which should she choose? b. If she expects to earn 8% annually, which is the best choice? Seat If she expects to earn 9% annually, which option would you recommend Select d. Explain how interest rates influence her choice. Grade it Now Save & Continue Continue without saving