Hey, I need help with a Finance problem that I cannot seem to figure out. Are there any on here? Mike just won the lottery, and he must choose between three award options. He can elect to receive a lump sum today of $61 million, to receive 10 end-of-year payments of $9.5 million , or 30 end-of-year payments of $5.5 million. A. If he thinks he can earn 7 percent annually, which should he choose? I'm thinking this is a FVa problem...ordinally annuity. I'm not sure... Thanks!