acc240 22947 Homework: Lesson 13 Homework Score: 0 of 5 pts E12-44B (similar to) Sidney Crouch 3/22/19 7:25 PM Save 2 of 5 (1 complete) HW Score: 11.9%, 3.57 of 30 pts Question Help Congratulations! You've won a state lotto! The state lottery offers you the following (after-tax) payout options EE (Click the icon to view the payout options.) (Click the icon to view the present value factor table.) (Click the icon to view the future value factor table.) (Click the icon to view the present value annuity factor table.) (Click the icon to view the future value annuity factor table.) Requirement Assuming that you can earn 6% on your funds, which option would you prefer? (Round your answers to the nearest whole dollar.) Calculate the present value for each payout. Option #1 Enter any number in the edit fields and then click Check Answer Clear All Check Answer remaining Data Table 1 Option #1: $13,000,000 five years from now Option #2: $2,200,000 at the end of each year for the next five years Option #3: $12,500,000 four years from now Print Done Reference Present Value of $1 Periods 1% | 2% | 3% | 4% | 5% | 6% | 8% | 10% | 12% | 14% | 16% | 18% | 20% 2 10.990 0.980 0.971 0.9620.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 2 0.980 0.961 0.943 0.9250.907 0.8900.857 0.826 0.797 0.769 0.743 0.718 0.694 3 0.971 0.942 0.915 0.8890.8640.8400.7940.751 0.712 0.675 0.6410.609 0.579 4 0.9610.924 0.888 0.855 0.823 0.792 0.735 0.683 0.636 0.592 0.552 0.516 0.482 5 0.951 0.906 0.863 0.8220.7840.747 0.6810.621 0.567 0.519 0.476 0.437 0.402 6 0.942 0.888 0.837 0.7900.746 0.705 0.6300.564 0.507 0.456 0.410 0.370 0.335 7 0.933 0.871 0.813 0.7600.710.665 0.583 0.513 0.452 0.400 0.3540.314 0.279 8 0.923 0.853 0.789 0.7310.6770.627 0.540 0.467 0.404 0.351 0.305 0.266 0.233 90.914 0.837 0.766 0.7030.6450.592 0.500 0.424 0.361 0.308 0.263 0.225 0.194 10 0.905 0.820 0.744 0.676 0.6140.558 0.463 0.386 0.322 0.270 0.227 0.191 0.162 11 0.896 0.804 0.722 0.650 0.585 0.527 0.429 0.350 0.287 0.237 0.195 0.162 0.135 12 0.887 0.788 0.701 0.625 0.557 0.497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 13 0.879 0.773 0.681 0.6010.530 0.4690.368 0.290 0.229 0.182 0.145 0.116 0.093 14 0.870 0.758 0.661 0.5770.505 0442 0.340 0.263 0.205 0.160 0.125 0.099 0.078 15 0.861 0.743 0.642 0.555 0.481 0417 0.315 0.239 0.183 0.140 0.108 0.084 0.065 20 0.820 0.673 0.554 0.456 0.377 0.312 0.215 0.149 0.1040.073 0.051 0.037 0.026 25 0.780 0.610 0.478 0.375 0.295 0.233 0.146 0.092 0.059 0.038 0.024 0.016 0.010 30 0.742 0.552 0.412 0.308 0.2310.174 0.099 0.057 0.033 0.020 0.012 0.007 0.004 40 0.672 0.453 0.307 0.208 0.142 0.097 0.046 0.022 0.011 0.005 0.003 0.001 0.001 2 1 2 1 PrintDone 2 0% 200 40 ora 400 996 ses 300 160 102 400 010 999 800 400 200 ses ans 7 2- 1 12 15 38 95 201 46 11122 23456 78 8%-180 012 64 999 200 700 195 750 35 34 1 200 sse 197 012 1-1 1 1 1 2 23345 6781 11 22 750 5%-160 3G 001 011 100 400 ece 27 800 011 11 996 996 998 200 4%-140 300 400 ese 92 195 202 85 202 70 220 8 400 201 198 ras ASL 980 BBL 2%-120 250 400 STA rez gra 21 4 3 198 79 ese ses 997 gra ese 000 980 osi 1-1 1 1 1 2 22334 55679 905 3 33445 9 201 ASA 61 77 94 14 35 0 980 198 250 360 ASA 997 71 EST 999 150 202 51 /20 93 112 001 84 2 al tur 000 125 101 202 ses 013 004 194 998 012 130 201 997 201 202 as ase 4456 7 8 0 8 56 8 no 1 2 3 4 5 67891 12345 20 25 30 40 Reference Present Value of Annuity of $1 Periods 1% | 2% | 3% | 4% | 5% | 6% | 8% | 10% | 12% | 14% | 16% | 18% | 20% 2 1 0.990 0.980 0.971 0.9620.952 0.943 0.926 0.909 0.893 0.877 0.862 0.847 0.833 2 1.970 1.942 1.913 1.8861.8591.833 1.783 1.736 1.690 1.647 1.605 1.566 1.528 3 2.941 2.884 2.829 2.7752.7232.673 2.577 2487 2.402 2.322 2.246 2.174 2.106 4 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2.798 2.690 2.589 54.853 4.713 4.580 4.4524.3294.212 3.9933.791 3.605 | 3.433 3.274 3.127 2.991 6 5.795 5.601 5.417 5.2425.0764.917 4.623 4.3554.111 3.889 3.685 3.498 3.326 7 6.728 6.472 6.230 6.0025.7865.582 5.206 4.868 4.564 4.288 4.039 3.812 3.605 8 7.652 7.325 7.020 6.7336.4636.210 5.747 5.335 4.968 4.639 4.344 4.078 3.837 98.566 8.162 7.786 7.4357.1086.802 6.2475.759 5.328 4.946 4.607 4.303 4.031 10 9.4718.983 8.530 8.1117.7227.3606.710 6.145 5.650 5.216 4.833 4.494 4.192 11 10.368 9.787 9.253 8.760 8.3067.887 7.139 6.495 5.938 5.453 5.029 4.656 4.327 12 11.255 10.575 9.954 9.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 4.793 4.439 13 12.134 11.348 10.635 9.9869.394 8.853 79047.103 6.424 5.842 5.342 4.910 4.533 14 13.004 12.106 11.296 10.5639.8999.2958.2447.367 6.628 6.002 5.468 5.008 4.611 15 13.865 12.849 11.938 11.118 10.3809.7128.559 7.606 6.811 6.142 5.575 5.092 4.675 20 18.046 16.351 14.877 13.590 12.462 11.470 9.818 8.514 7469 6.623 5.929 5.353 4.870 25 22.023 19.523 17.413 15.622 14.094 12.783 10.675 9.077 7.843 6.873 6.097 5.467 4.948 30 25.808 22.396 19.600 17.292 15.372 13.765 11.258 9.427 8.055 7.003 6.177 5.517 4.979 40 32.835 27.355 23.115 19.793 17.159 15.046 11.925 9.779 8.244 7.105 6.233 5.548 4.997 1 PrintDone Reference Future Value of Annuity of $1 Periods 12% 1.000 20% 1.000 2.200 3.640 5.368 7.442 1.000 1.000 2.020 3.060 4.122 5.204 6.308 7.434 8.583 9.75510.15910.583 11.027 11.491 12.48813.57914.776 16.085 17.519 19.086 20.799 1.000 2.030 1.000 2.040 1.000 2.050 1.000 2.060 1.000 2.080 3.246 4.506 5.867 1.000 1.000 2.140 3.440 4.921 6.610 1.000 2.160 3.506 5.066 6.877 1.000 3.374 3.030 4.060 3.310 4.641 3.572 5.215 4.246 4.375 5.637 4.310 5.526 6.802 8.142 9.549 4.779 6.353 8.115 10.08910.730 11.41412.14212.916 4 4.184 5.309 6.152 7.214 8.286 9.369 6.468 7.662 8.892 6.633 7.898 9.214 6.975 8.394 9.897 7.336 8.923 7.716 9.487 8.536 8.977 9.442 9.930 0.63711.436 2.30013.23314.240 15.327 16.499 13 14 15 20 25 30 40 10.462 10.95011464 12.006 12.57813.1814.487 15.937 17.549 19.337 21.321 23.52125.959 11.567 12.16912.808 13.486 14.20714.97216.645 18.531 20.655 23.045 25.73328.755 32.150 12.683 13.41214.192 15.026 15.917 16.8708.977 21.384 24.133 27.271 30.85034.931 39.581 13.80914.68015.618 16.627 17.713 18.88221.495 24.523 28.029 32.089 36.78642.21948.497 14.94715.97417.086 18.292 19.599 21.01524.215 27.975 32.393 37.581 43.67250.81859.196 16.097 17.29318.599 20.024 21.579 23.27627.152 31.772 37.280 43.842 51.66060.965 72.035 22.019 24.297 26.870 29.778 33.066 36.78645.76257.275 72.052 91.025 115.380146.628 186.688 28.24332.030 36.459 41.646 47.727 54.86573.106 98.347 133.334 181.871 249.214342.603 471.981 34.785 40.56847.575 56.085 66.439 79.058 113.283164.494 241.333 356.787 530.312 790.948 1,181.882 48.886 60.40275.401 95.026 120.800 154.762 259.057442.593 767.091 1,342.025 2,360.757 4,163.213 7,343.858 PrintDone