Question: If you win a million dollar you are given two options for your payout. The first is one payment at 61% of the stated amount.

If you win a million dollar you are given two options for your payout. The first is one payment at 61% of the stated amount. The second is receiving a payout over 30 years. The payment schedule is on tab Lotto. Using the NPV function determine which option is better considering a 6%, 8%, and 10% interest rate.

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