Judy Bright Has Just Won the Lottery

Multiple Choice

Judy Bright has just won the lottery.She can elect to receive her winnings in equal payments of $200,000 a year for the next ten years on December 31 or to receive $2,000,000 immediately.If the current interest rate is 6%,which choice will provide the highest amount:

A) Receiving $2,000,000 immediately.
B) Taking equal payments for 10 years.
C) It does not matter since either choice provides the same amount.
D) Refusing to accept the winnings since it is not enough.