Question: Please answer 4. You won the New York Get Rich Quick Lottery, and you must decide if A) You take the lump sum of $25

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Please answer 4. You won the New York Get Rich Quick Lottery,

4. You won the New York Get Rich Quick Lottery, and you must decide if A) You take the lump sum of $25 million now or B) a payment of $2,000,000 per year for 20 years. a. If you can reliably earn 3% per year, which option is better? b. If you can reliably earn 6% per year, which option is better

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