On March 27, 2019, a person from Wisconsin won the Powerball jackpot of $768.4 million. There were two options for winne

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On March 27, 2019, a person from Wisconsin won the Powerball
jackpot of $768.4 million. There were two options for winner.
Option A: Receive a $471 million one-time payment.
Option B: Receive 30 equal annual payments ($768.4/30) with the
first payment made in 2020(t=1).
If the winner is indifferent between the two options, what is
the discount rate? The discount rate is compounded annually.
3.5%
3.6%
3.7%
3.8%
3.9%