Winners of the Dream a Dream Lotto draw are given the choice of receiving the winning amount divided equally over 20 years or as a lump sum cash option amount. The cash option amount is determined by discounting the winning amount at 7 percent interest compounded quarterly over 20 years. This week, the lottery is worth $6 million to a single winner. What would the cash option payout be? (PV) Lucy spends $10 per week on lottery tickets. If she takes the same amount that she spends on lottery tickets and invests it each week for the next five years at 10 percent interest compounded monthly, how much will she have in five years? (FV)