12 K (similar to) Part 1 of 4 points O Points: 0 of 1 Save Congratulations! You've won a state lotto! The state lottery offers you the following (after-tax) payout options: (Click the icon to view the payout options.) (Click the icon to view the present value factor table.) annuity factor table.) (Click the icon to view the future value factor table.) annuity factor table.) Requirement + Calculate the present value for each payout. (Click the icon to view the present value (Click the icon to view the future value ideo Get more help Clear all Check answer Data table Option #1: $12,000,000 five years from now Option #2: $2,300,000 at the end of each year for the next six years Option #3: $11,500,000 three years from now Video Print Done Reference Present value or ST Periods 2% 1% 3% 4% 5% 6% 8% 10% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0.857 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.794 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.735 Period 5 0.951 Period 6 0.942 0.888 0.906 0.863 0.837 0.822 0.784 0.747 0.681 20% 12% 14% 18% 16% 0.877 0.862 0.847 0.833 0.909 0.893 0.826 0.797 0.769 0.743 0.718 0.694 0.751 0.712 0.675 0.641 0.609 0.579 0.683 0.636 0.592 0.516 0.482 0.621 0.567 0.519 0.552 0.476 0.437 0.402 0.790 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 0.030 700 .coo Print Done - Reference 0.746 0.705 0.630 0.564 0.507 0.456 0.410 0.370 0.335 0.711 0.665 0.583 0.513 0.452 0.400 0.354 0.314 0.279 0.677 0.627 0.540 0.467 0.404 0.351 0.305 0.266 0.233 0.703 0.645 0.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.135 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 0.601 0.530 0.469 0.368 0.290 0.229 0.182 0.145 0.116 0.093 Period 6 0.942 0.888 0.837 0.790 Period 7 0.933 0.871 0.813 0.760 Period 8 0.923 0.853 0.789 0.731 Period 9 0.914 0.837 0.766. Period 10 0.905 0.820 0.744 Period 11 0.896 0.804 0.722 Period 12 0.887 Period 13 0.879 0.788 0.701 0.773 0.681 Print Done Reference Period 12 0.887 0.788 0.701 0.625 0.557 0.497 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.397 0.319 0.368 0.290 0.340 0.263 0.205 0.160 0.125 0.099 0.078 0.315 0.239 0.183 0.140 0.108 0.084 0.065 0.257 0.208 0.168 0.137 0.112 0.229 0.182 0.145 0.116 0.093 Period 20 0.820 0.673 0.554 0.456 0.377 0.312 Period 25 0.780 0.610 0.478 0.375 0.295 Period 30 0.742 0.552 0.412 0.308 0.231 Period 40 0.672 0.453 0.307 0.208 0.215 0.149 0.104 0.073 0.051 0.037 0.026 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 0.174 0.099 0.057 0.033 0.020 0.012 0.007 0.004 0.142 0.097 0.046 0.022 0.011 0.005 0.003 0.001 0.001 Print Done Reference Present Value of Annuity of $1 Periods 1% Period 1 0.990 Period 2 Period 3 2.941 Period 4 Period 5 1.970 1.886 3.902 4.853 2% 3% 4% 0.980 0.971 0.962 1.942 1.913 2.884 2.829 2.775 2.723 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 4.713 4.580 4.452 4.329 4.212 3.993 3.791 3.605 5% 0.952 1.859 1.833 1.783 1.736 1.690 6% 8% 10% 12% 14% 16% 18% 20% 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 1.647 1.605 1.566 1.528 2.673 2.577 2.487 2.402 2.322 2.246 2.174 2.106 2.914 2.798 2.690 2.589 3.433 3.274 3.127 2.991 Period 6 5.795 5.601 5417 5242 5.076 4917 4623 4355 4 111 3. ARQ 3.685 3498 3326 Print Done Reference 1.000 TUOU TITUL TIVEU 0.000 0.000 V-100 VETT Period 6 5.795 5.601 5.417 5.242 5.076 4.917 6.230 6.002 5.786 5.582 Period 7 6.728 6.472 Period 8 7.652 7.325 7.020 6.733 6.463 Period 9. 8.566 8.162 7.786 7.435 Period 10 9.471 8.983 8.530 8.111 Period 11 10.368 9.787 9.253 8.760 Period 12 11.255 10.575 9.954 9.385 Period 13 12.134 11.348 10.635 9.986 4.793 8.306 7.887 7.139 6.495 5.938 5.453 5.029 8.863 8.384 7.536 6.814 6.194 5.660 5.197 9.394 8.853 7.904 7.103 6.424 5.842 5.342 4.910 4.533 4.623 4.355 4.111 3.889 3.685 3.498 5.206 4.868 4.564 4.288 4.039 3.812 3.326 3.605 6.210 5.747 5.335 4.968 4.639 7.108 6.802 6.247 5.759 5.328 4.946 7.722 7.360 6.710 6.145 5.650 5.216 4.344 4.078 3.837 4.607 4.303 4.031 4.833 4.494 4.192 4.656 4.327 4.439 Print Done Reference Period 12 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 Period 13 12.134 11.348 10.635 9.986 9.394 8.853 7.904 7.103 6.424 5.842 5.342 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.244 7.367 6.628 6.002 5.468 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 8.559 7.606 6.811 4.793 4.439 4.910 4.533 5.008 4.611 6.142 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 7.469 6.623 Period 25 22.023 19.523 17.413 15.62 14.094 12.783 10.675 9.077 7.843 6.873 6.097 Period 30 25.808 22.396 19.600 17.292 15.372 13.765 11.258 9.427 8.055 7.003 6.177 Period 40 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 8.244 7.105 6.233 5.467 4.948 5.517 4.979 5.548 4.997 5.575 5.092 4.675 5.929 5.353 4.870 Print Done Reference Future Value of $1 Periods 1% 2% 3% 4% 5% 6% Period 1 1.010 1.020 1.030 1.040 1.050 1.060 Period 2 1.020 1.040 1.061 1.082 1.103 1.124 8% 10% 1.080 1.100 1.166 1.210 12% 14% 16% 18% 20% 1.120 1.140 1.160 1.180 1.200 1.254 1.300 1.346 1.392 1.440 Period 3 1.030 1.061 1.093 1.125 1.158 1.191 Period 4 1.041 Period 5 1.082 1.126 1.170 1.216 1.262 1.051 1.104 1.159 1.217 1.276 1.338 Period 6 1.062 1126 1.194 1.265 1.340 1.260 1.331 1.405 1.482 1.561 1.643 1.360 1.464 1.574 1.689 1.811 1.469 1.611 1.762 1.925 2.100 1.419. 1.587 1 772 1.728 1.939 2.074 2.288 2.488 1974 2.195 243 2.700 2.986 Print Done Reference Period 5 1.051 1.104 1.159 1.217 1.276 1.469 1.611 1.762 Period 6 1.062 1.126 1.194 1.265 1.340 Period 7 1.072 1.149 1.230 1.316 1.407 Period 8 1.083 1.172 1.267 1.369 1.477 1.594 1.851 Period 9 1.094 1.195 1.305 1.423 1.551 1.689 1.999 Period 10 1.105 1.219 1.344 1.480 1.629 1.791 1.338 1.419 1.587 1.772 1.974 1.504 1.714 1.949 2.211 2.144 2.476 2.358 2.773 2.159 2.594 3.106 3.707 4.411 5.234 6.192 1.925 2.100 2.288 2.488 2.195 2.436 2.700 2.502 2.826 2.853 3.278 3.252 3.803 4.435 2.986 3.185 3.583 3.759 4.300 5.160 Period 11 1.116 1.243 1.384 1.539 1.710 Period 12 1.127 1.268 1.426 1.601 1.898 2.332 2.853 3.479 4.226 5.117 6.176 1.796 2.012 2.518 3.138 3.896 4.818 5.936 7.288 7.430 8.916 Print Done Reference Period 12 1.127 1.268 1.426 1.601 Period 13 Period 14 1:138 1.294 1.149 1.319 1.513 1.469 1.665 1.732 Period 15 1.161 1.346 1.558 1.801 1.796 2.012 1.886 2.133 1.980 2.261 2.079 2.397 Period 20 1.220 1.486 1.806 2.191 2.653 Period 40 1.489 Period 25 1.282 Period 30 1.348 1.811 2.427 2.208 1.641 2.094 2.666 3.386 3.243 3.262 4.801 2.518 3.138 3.896 4.818 5.936 7.288 8.916 2.720 3.452 4.363 5.492 6.886 8.599 10.699 2.937 3.797 4.887 6.261 7.988 10.147 12.839 3.172 4.177 5.474 7.138 9.266 11.974 15.407 3.207 4.661 6.727 9.646 13.743 19.461 27.393 38.338 4.292 6.848 10.835 17.000 26.462 40.874 62.669 95.396 4.322 5.743 10.063 17.449 29.960 50.950 85.850 143.371 237.376 7.040 10.286 21.725 45.259 93.051 188.884 378.721 750.378 1,469.772 Print Done Future Value of Annuity of $1 Periods Period 1 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.0 Period 2 2.010 2.020 2.030 2.040 2.050 2.060 2.080 2.100 2.120 2.140 2.160 2.180 2.2 Period 3 3.030 3.060 3.091 3.122 3.153 3.184 Period 4 4.060 4.122 4.184 4.246. 4.310 Period 5 5.101 5.204 5.309 5.416 3.246 3.310 3.374 375 4.506 4.641 4.779 5.526 5.637 5.867 6.105 6.353 3.440 3.506 3.572 Period 6 6.152 6.308 6.468 6.633 6.802 6.975 7.336 7.716 8.115 8.536 4.921 6.610 6.877 8.977 5.066 5.215 7.154 7.44 2357 3.6- 5.38 Q442 903 Print Done Reference Period 6 6.152 6.308 6.468 6.633 6.802 Period 7 7.214 7.434 7.662 7.898 8.142 Period 8 8.286 8.583 8.892 9.214 Period 9 Period 10 10.462 10.950 11.464 12.006 Period 11 Period 12 Period 13 6.975 7.336 7.716 8.115 8.394 8.923 9.487 10.089 9.549 9.897 9.369 9.755 10.159 10.583 11.027 11.491 12.578 13.181 14.487 15.937 17.549 11.567 12.169 12.808 13.486 14.207 14.972 16.645 18.531 20.655 12.683 13.412 14.192 15.026 15.917 16.870 18.977 21.384 24.133 13.809 14.680 15.618 16.627 12.713 18.882 21.495 24.523 28.029 8.536 8.977 9.442 9.930 10.730 10.637 11.436 12.300 13.233 11.414 12.142 14.240 15.327 12.488 13.579 14.776 16.085 17.519 19.337 21.321 23.521 12.916 16.499 19.086 20.799 25.959 23.045 25.733 28.755 32.150 27.271 30.850 34.931 39.581 32.089 36.786 42.219 48.497 Print Done Reference 27.271 30.850 34.931 39.581 32.089 36.786 42.219 48.497 37.581 43.672 50.818 59.196 43.842 51.660 60.965 72.035 Period 12 12.683 13.412 14.192 15.026 15.917 16.870 18.977 21.384 24.133 Period 13 13.809 14.680 15.618 16.627 17.713 18.882 21.495 24.523 28.029 Period 14 14.947 15.974 17.086 18.292 19.599 21.015 24.215 27.975 32.393 Period 15 16.097 17.293 18.599 20.024 21.579 23.276 27.152 31.772 37.280 Period 20 22.019 24.297 26.870 29.778 33.066 36.786 45.762 57.275 72.052 91.025 Period 25 28.243 32.030 36.459 41.646 47.727 54.865 73.106 98.347 133.334 181.871 249.214 342,603 471.981 Period 30 34.785 40.568 47.575 56.085 66.439 79.058 113.283 164.494 241.333 356.787 530.312 790.948 1,181.882 Period 40 48.886 60.402 75.401 95.026 120.800 154.762 259.057 442.593 767.091 1,342.025 2,360.757 4,163.213 7,343.858 115.380 146.628 186.688 Print Done 2 Question 4, E12-27A (similar to) HW Score: 14.06%, 0.98 of 7 points Part 1 of 4 O Points: 0 of 1 S annuity factor table.) (Click the icon to view the future value factor table.) annuity factor table.) Requirement (Click the icon to view the future v. Assuming that you can earn 8% on your funds, which option would you prefer? (Round your answers to th nearest whole dollar.) Calculate the present value for each payout. Option #1: Get more help. Clear all Check answ