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1986 years You have a choice between a lottery lump sum payout of $3,800,000 today...

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1986 years You have a choice between a lottery lump sum payout of $3,800,000 today or a series of twenty annual annuity due (payment due at the beginning of the year like rental) payme At a discount rate of 6.00%, how large must the annual annuity due payments be to make you indifferent between the two choices? Use an excel spreadsheet to determine your answer. 17. 190,000.00 O 5312,548.41 $331,301.32 O $351,179.40

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