i only need c worked out

please work out step by step

(please don't use excel if possible)

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Lottery Your dreams of becoming rich have just come true. You have won the State of Tranquility's Lotery. The State offers you two payment plans for the $5,000,000 advertised jackpot. You can take annual payments of $125.000 at the end of the year for the next 40 years or $1,030,472 today your investment rate over the next 40 years is 13%, which payoff will you choose? If your investment rate over the next 40 years is 10%, which payoff will you choose? At what investment rate will the annuty stream of $125.000 be the same as the lump-sum payment of $1,030,4727 $9529696 (Round to the nearest dolar) Which payoff will you choose? (Select the best response) OA Choose the lumpsum payment of $1,000 472 today because its future value is lower. Choose the lump-sum payment of $1.030,472 today because its present value is higher Choose the annual payments of $125,000 for the next 40 years because its future value is lower OD: Choose the annual payments of $125,000 for the next 40 years because its present value is higher your investment rate over the next 40 years is 10%, what is the present value of the $125,000 annual payments today? $1222381.34 (Round to the nearest do Which payoff will you choose? (Select the best response) CA Choose the annual peryments of $125.000 for the next 40 years because its future values wer Choose the umpsum payment of $1,030,472 today because it future lower CC Choose the ump-sum payment of $1.030,472 today because its present value is higher Choose the annus peyment of $125.000 for the next 40 years because its present value is higher At what it will the annuity stream of $125.000 be the same as the tump-sum payment of $1.030,4727 and to two decimal places)