Question: Please help me solve this on EXCEL ONLY. Kindly show me the formula and cell reference. ONLY EXCEL 5. (20 points) You win the lottery

Please help me solve this on EXCEL ONLY. Kindly show me the formula and cell reference.

ONLY EXCEL

5. (20 points) You win the lottery and are offered the following choices. The appropriate discount rate is 7%. How much is each worth? Which would you choose? A) $3M today and $3M exactly 3 years from today B) $2M a year for 4 years, with the first payment starting exactly one year from today

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