Question: Please answer all and I will like! 5 points You have just won the state lottery! The state lottery offers you the following (after- tax)

Please answer all and I will like!

5 points You have just won the state lottery! The state lottery offers you the following (after- tax) payout options. Option #1: You can receive a $200,000 10 years from now. Option #2: You can receive $14,000 at the end of each year for the next 10 years. Required: Calculate the present value of each of the options using 8% as your interest rate. Question 60 (2 points) Present Value of Option #1 Question 61 (2 points) Present Value of Option #2 Question 62 (1 point) Based on your present value calculations above, which option will you choose? Option 1 Option 2

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