Daniella has just won a lucky draw cash RM61 million (PV). The organizer has given her
1 – receive a lump sum of RM61 million today
2 – receive 10 end-of-year payments of RM9.5 million
3 – receive 30 end-of-year payments of RM5.5 million
a) Which option should she choose if she earns 7% annually?