those are the options for option B

Present Value Computation Kerry Bales won the state lottery and was given four choices for receiving her winnings 1. Receive $400,000 right now. 2. Receive $432,000 in 1 year. 3. Receive $75,000 at the end of each year for eight years, 4. Receive $38,000 at the end of each year for 30 years. Assuming Kerry can earn interest of 8% compounded annually, (a) calculate each option and (b) determine which option Kerry should choose? Use Excel or a financial calculator for computation. Round your answer to nearest dollar. (a) 1. 5 (a) 2.5 (a) 3. $ ca) 4.5 Please answer all parts of the question 4. Receive PJU,V00ULIC CHICO CUCI CU TOT ycus. Assuming Kerry can earn interest of 8% compounded annu Use Excel or a financial calculator for computation. Rou (a) 1. $ (a) 2. $ 3. $ (a) 4. $ (b) Pleas e question Option 1 Option 2 Option 3 Option 4