8 7 6 %5 E-D do 2 Requirements ow to 1. How much money does Sandra need now to fund her travels? 2. After speaking with a number of banks, Sandra learns she will only be able to invest her funds at 6%. How much does she need now to fund her travels? Print Done eck Answer Clear All E26-23 (similar to) tions! You have won a state lottery. The state lottery offers you the following (after-tax) payout options EEB Cick the icon to view the payout options) (Click the con to view Present Value of $1 table) (Click the lcon to view Present Value of Ordinary Annuity of $1 table) Click the icon to view Future Value of Ordinary Annuity of $1 table.) Click the icon to view Future Value of $1 table.) Assuming you can earn 12% on your funds, which option would you prefer? The present value of the payout is: (Round your answe Option #1 rs to the nearest whole dollar.) Enter any number in the edit fields and then click Check Answer. parts 3 Clear All 4 2 3 ptions) e of $1 table.) e of $1 table.) nds, which option would you prefer? (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to Data Table und your answers to the nearest whole c Option #1: $15,000,000 after five years | Option #2: $2,100,000 per year for five years Option #3: $13,000,000 after three years Print Done d then click Check Answer Clear All