Arvidas recently won the Central States Lottery of $3,500,000.The lottery pays either a total of twenty $175,000 payments per year with the first payment today (i.e.,an annuity due),or $2,000,000 today.At what interest rate would Arvidas be financially indifferent between these two payout choices?
A)6.04%
B)6.36%
C)6.88%
D)8.00%

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The Answer of Arvidas recently won the Central States Lottery of $3,500,000.The lottery pays either a total of twenty $175,000 payments per year with the first payment today (i.e.,an annuity due),or $2,000,000 today.At what interest rate would Arvidas be financially indifferent between these two payout choices?
A)6.04%
B)6.36%
C)6.88%
D)8.00%

Arvidas Recently Won the Central States Lottery of $3,500,000