C Qu. 5-34 (Static) Jose wants to cash in his winning nt and future value tables of $1 at 3% are presented below: PVA $1 PVAC FVAD $1 1.0300 1 or 2.0909 0.97087 1.91347 2.82861 3.71719 1.97 4.57971 FV $1 PV $1 FVA $1 1.03000 0.97087 1.0000 1.06090 0.94260 2.0300 1.09273 0.91514 3.0909 1 112551 0.88849 4.1836 5 1.15927 0.86261 5.3091 6 119405 0.83748 6.4684 7 1.22987 0.81309 7.6625 8 1.26677 0.78941 8.8923 9 1.30477 0.76642 10.1591 10 1.34392 0.74409 11.4639 11 1.38423 0.72242 12.8078 12 1.42576 0.70138 14.1920 13 1.46853 0.68095 15.6178 14 1.51259 0.66112 17.0863 15 1.55797 0.64186 18.5989 16 1.60471 0.62317 20.1569 5.41719 6.23028 7.01969 7.78611 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 B. 1836 2.91 4.3091 3.828 5.4684 4.717 6 6625 5 579 78923 6.4171 9.1591 7.2302 10.4639 8.0196 11.8078 8.7861 13. 1920 9.53020 14.6178 18.25262 16.0863 10.95400 17.5989 11.63496 19.1569 12.29607 20.7616 12.93794 Jose wants to cash in his winning lottery ticket. He can either receive five 55.000 a would be the lump-sum payment? IDS YOU h in his winning... nted below: 1 FVAD $1 PVAD $1 87 1.0300 1.00000 -47 2.0909 1.97087 361 3.1886 2.91347 710 4.3091 3.82861 +971 5.4684 4.71710 1719 6.6625 5.57971 3028 7.8923 6.41719 1969 9. 1591 7.23028 78611 10.4639 8.01969 53020 11.8078 8.78611 25262 13.1920 9.53020 95400 14.6178 10.25262 63496 16.0863 1095400 29607 17.5989 11.63496 1.93794 19.1569 12.29607 2.56110 20.7616 12.93794 et. He can either receive five $5,000 annual payments starting today, o 0.68095 15. 6178 10.63496 14 1.51259 16.0863 10.9 17.5989 11.6 0.66112 17.0863 11.29607 1.55797 0.64186 18.5989 11.93794 19.1569 12.29 1.60471 0.62317 20.1569 20.7616 / 12.937 12.56110 Jose wants to cash in his winning lottery ticket. He can either receive five $50 would be the lump-sum payment? Multiple Choice -69 12.29607 516 12.93794 ceive five $5,000 annual payments starting today, or he can receiver e can receive one lump-sum payment today based on a 35 annual interes sum payment today based on a 3% annual interest rate. Wha Jose wants to cash in his winning lottery ticket. He can either re would be the lump-sum payment? Multiple Choice $23,586