Congratulational You have won a state lottery. The state lottory offers you the following (ultor-tax) payout options: m (Click the icon to view the payout options) (Click the icon to view Present Value of $1 table) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value of Ordinary Annulty of $1 table.) Assuming you can eam 8% on your funds, which option would you prefer? The present value of the payout is: (Round your answers to the nearest whole dollar) Present value of the payout, Option #1: sent Value of $1 table.) are Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of S1 table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) your funds, whid - X Data Table tis: (Round you otion #1: Option #1: $15,000,000 after five years Option #2: $2,300,000 per year for five years Option #3: $13,000,000 after three years Print Done ields and then click Check Answer. Che Clear All Microsoft AutoUpdate Updates are ready to be Homework: Chapter M:9 Question 3, EM9-23 (simi... HW Score: 0% 0 of 5 points A Reference gral CH CI cil mil ord an Present Value of Ordinary Annulty of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0,980 0.971 0.962 0.962 0.943 0.936 0.926 0.917 0,909 0.893 0.877 0.870 0.862 0.847 0.833 Period 2 1.9701.942 1.913 1886 1.859 1.833 1808 1.783 1759 1.736 1.690 1647 1.626 1.605 1.566 1.528 Period 3 2.9412.884 2.829 2.775 2.723 2.673 2624 2.577 2 531 2.487 24022322 2.283 2.246 2.174 2.106 Period 4 3.902 3.808 3.717 3,630 3.546 3.465 3.387 3.312 3240 3.170 3.037 2.914 2.855 2.798 2.690 2.589 Period 5 4.8534.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 3.605 3.433 3.352 3.274 3.127 2.991 Period 6 5.795 5,601 5.417 5.2425.076 4.917 4.767 4.623 4486 4355 4.111 3.889 3.784 3.685 3.498 3.326 Period 7 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5,033 4.86845644288 4.160 4.039 3.812 3.605 Period 8 7.652 7.325 7020 6.733 6.463 6.210 5.971 57475.535 5335 4.968 4.639 4.487 4 344 4.078 3837 Period 9 8.566 8.1627.786 7.435 7.108 6.802 6.515 6 247 5.995 5.759 5.328 4.946 4.772 4.607 4,303 4.035 Period 10 9.471 8.9838.530 8.111 7.722 7.360 7.0246.710 6418 6.145 5.6505216 5,019 4833 44944192 Period 11 10.368 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 5.938 5.453 5 2345029 4656 4.327 Period 12 11.255 10.575 9.954 9,385 8.863 8.384 7.943 7.536 7.1616.814 6.1945.660 5421 5.1974.793 4.439 Period 13 12.134 11.348 10.6359.986 9.3948.853 8.358 7.904 7.487 7.103 6.424 5.8425.583 5.3424910 4533 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.7458244 7.7867367 6.6286.002 5.7245.468 5.008 4611 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.0617606 6.811 6.142 5.8475.575 5.092 4.675 Period 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8851 8.313 7.8246.9746.2655.9545.6695.162 4.730 Period 17 15,562 14 292 13.166 12.166 11.274 10.477 9763 9.122 8.544 8.0227.120 6.373 6.0476.749 5.222 4.775 Period 18 16.398 14.992 13.754 12.659 11.690 10.828 10.0599.372 8.756 8.2017.250 6.4676.128 5.818 5.273 4.812 Period 19 17226 15.678 14.32413.134 12.085 11,158 10.336 9.604 8.950 8.365 7.366 6.550 6.198 5.877 5.316 4.844 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 10.5949.818 9.129 8.514 7.4696.623 6.259 5.929 5.363 4.870 Print Done ar wicz VER A Swer elp ve SOIVE TITS TEXTages Get more rep renewable and a clean source energy Wind energy has a low operating costs and is efficient
