ene * whole dollar.) Dara Table Option #1: $14,000,000 after five years Option #2: $2,000,000 per year for five years Option #3: $11,000,000 after three years eu most Print Done e 0 Periods 1 2 3 4 0.905 1% 2% 3% 4% 5% 6% .990 0.980 0.971 0.962 0.952 0.943 0.9800.961 0.943 0.925 0.9070.890 0.971 0.942 0.915 0.8890.864 0.840 0.961 0.924 0.888 0.855 0.823 0.792 0.951 0.906 0.863 0.822 0.784 0.747 0.942 0.888 0.837 0.790 0.746 0.705 0.933 0.871 0.813 0.760 0.711 0.665 0.923 0.853 0.789 0.731 0.677 0.627 0.914 0.837 0.766 0.703 0.645 0.592 0.820 0.744 0.676 0.614 0.558 0.896 0.804 0.722 0.585 0.527 0.887 0.788 0.701 0.625 0.557 0.497 0.879 0.773 0.681 0.601 0.530 0.469 0.870 0.758 0.661 0.577 0.505 0.442 0.861 0.743 0.642 0.555 0.481 0.417 0.853 0.728 0.623 0.534 0.458 0.394 0.844 0.714 0.605 0.513 0.436 0.371 0.836 0.700 0.587 0.494 0.416 0.350 0.828 0.686 0.570 0.475 0.396 0.331 0.820 0.673 0.554 0.456 0.377 0.312 0.811 0.660 0.538 0.439 0.359 0.294 non LA RAZA LA LA 1770 Present Value of $1 7% 8% 9% 10% 0.935 0.926 0.917 0.909 0.873 0.8570.842 0.826 0.816 0.7940.772 0.751 0.763 0.735 0.708 0.683 0.713 0.681 0.650 0.621 0.630 0.596 0.564 0.623 0.583 0.547 0.513 0.582 0.540 0.502 0.467 0.544 0.500 0.460 0.424 0.508 0.463 0.422 0.386 0.475 0.429 0.388 0.350 0.444 0.397 0.356 0.319 0.415 0.368 0.326 0.290 0.388 0.340 0.299 0.263 0.362 0.315 0.275 0.239 0.339 0.292 0.252 0.218 0.317 0.270 0.198 0.296 0.250 0.212 0.180 0.277 0.232 0.194 0.164 0.258 0.215 0.178 0.149 0.242 0.199 0.1640.135 104 104002 0.650 12% 14% 15% 16% 18% 20% 0.893 0.877 0.870 0.862 0.847 0.833 0.797 0.769 0.756 0.743 0.7180.694 0.712 0.675 0.658 0.641 0.609 0.579 0.636 0.5920.572 0.5520,516 0.482 0.567 0.519 0.497 0.476 0.437 0.402 0.507 0.456 0.432 0.410 0.370 0.335 0.452 0.400 0.376 0.354 0.314 0.279 0.4040.351 0.327 0.305 0.266 0233 0.361 0.308 0.284 0.263 0.225 0.194 0.322 0.270 0.247 0.227 0.191 0.162 0.287 0.237 0.215 0.195 0.162 0.135 0.257 0.208 0.187 0.168 0.137 0.112 0.229 0.182 0.163 0.145 0.116 0.093 0.205 0.160 0.141 0.125 0.099 0.078 0.183 0.140 0.123 0.108 0.084 0.065 0.123 0.107 0.093 0.071 0.054 0.146 0.108 0.093 0.080 0.060 0.045 0.130 0.095 0.081 0.069 0.051 0.038 0.116 0.083 0.070 0.060 0.043 0.031 0.104 0.073 0.061 0.051 0.037 0.026 0.093 0.064 0.053 0.044 0.031 0.022 n00200000. 0.231 Print Done 0212 0.194 0.178 0.230 0.277 0.258 0.242 0.226 0.211 0.828 0.686 0.570 0.475 0.396 200 820 0.673 0.554 0.456 0.377 0.811 0.660 0.538 0.439 0.359 0.803 0.647 0.522 0.422 0.342 0.795 0.634 0.507 0.406 0.326 0.788 0.622 0.492 0.390 0.310 0.780 0.610 0.478 0.375 0.295 0.772 0.598 0.464 0.361 0.281 0.764 0.586 0.450 0.347 0.268 0.757 0.574 0.437 0.333 0.255 0.7490.563 0.424 0.321 0.243 0.742 0.552 0.412 0.308 0.231 0.672 0.453 0.307 0.208 0.142 0.608 0.372 0.228 0.141 0.087 0.197 200 0.331 0.312 0.294 0.278 0.262 0.247 0233 0.220 0.207 0.196 0.185 0.174 0.097 0.054 0.250 0232 0.215 0.199 0.184 0.170 0.158 0.146 0.135 0.150 0.138 0.126 0.116 0.105 0.180 0.130 0.095 0.081 0.069 0.051 0.038 0.164 0.116 0.083 0.070 0.00 0.043 0.031 0.149 0.104 0.073 0.061 0.051 0.037 0.025 0.135 0.093 0.064 0.053 0.044 0031 0.022 0.123 0.083 0.056 0.046 0.038 0.026 0.018 0.112 0.074 0.049 0.040 0.033 0.022 0.015 0.102 0.066 0.043 0.035 0.028 0.019 0.013 0.092 0.059 0.038 0.030 0.024 0.0160.010 0.084 0.053 0.033 0.026 0.021 0.014 0.009 0.076 0.047 0.0290.023 0.018 0.0110.007 0.089 0.042 0.026 0.0200.0160010 0.008 0.063 0.037 0.022 0.017 0.014 0.008 0.005 0.057 0.033 0.020 0.015 0.012 0.007 0.004 0.022 0.0110.005 0.0040.003 0.001 0.001 0.009 0.003 0.001 0.001 0.001 0.172 0.161 0098 0.150 0.116 0.107 0.131 0.067 0.034 0.099 0.048 0.021 0.090 0.082 0.075 0.032 0.013 Print Done y nu HEWLEPAS i Reference Periods 1% 2% 1.010 1.020 1.020 1.040 1.030 1.061 1.041 1.082 1.051 1.104 1.062 1.126 1.072 1.149 1.083 1.172 1.094 1.195 1.105 1.219 1.116 1.243 1.127 1.268 1.138 1.294 1.149 1.319 1.161 1.346 1.173 1.373 1.184 1.400 1.196 1.428 1208 1.457 1.220 1.486 1.516 15 GAR Future Value of $1 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.100 1.120 1.140 1.150 1.061 1.082 1.103 1.124 1.145 1.1661.1881.210 1.254 1.300 1.323 1.093 1.125 1.158 1.191 1.225 1.260 1.295 1.331 1.405 1.482 1.521 1.126 1.170 1.216 1.262 1.311 1.360 1.4121.464 1.5741.689 1.749 1.159 1.217 1.276 1.338 1.403 1.469 1.539 1.611 1.762 1.925 2011 1.194 1.265 1.340 1.419 1.501 1.587 1.6771.772 1.9742.195 2313 1.230 1.316 1.407 1.504 1.606 1.714 1.8281.949 2.211 2.502 2660 1.267 1.369 1.477 1.594 1.718 1.851 1.993 2.144 2.4762853 3.059 1.305 1.423 1.551 1.689 1.8381.999 2.1722358 2.7733 .252 3.518 1.344 1.480 1.629 1.791 1.967 2.159 2.367 2.594 3.106 3.707 4.046 1.384 1.539 1.710 1.898 2.105 2.3322.580 2.8533.479 4.226 4.652 1.426 1.601 1.796 2.012 2.252 2518 2.813 3.138 4.818 5.350 1.469 1.665 1.886 2.133 2.410 2.720 3.066 3.452 4.363 5.492 6.153 1.513 1.732 1.980 2.261 2.579 2.937 3.342 3.798 6.261 7.076 1.558 1.801 2.079 2.397 2.759 3.172 3.642 4.177 5.474 7.138 8.137 1.605 1.873 2.183 2.540 2.952 3.426 3.970 4.595 6.130 8.137 9.358 1.653 1.948 2.292 2.693 3.159 3.700 4.328 5.054 6.866 9.276 10.76 1.702 2.026 2.407 2854 3.380 3.996 4.717 5.560 7.690 10.58 12.38 1.754 2.107 2.527 3.026 3.617 4.316 5.142 6.116 8.613 12.06 14.23 1.806 2.191 2.653 3.207 3.870 4.661 5.604 6.727 13.74 16.37 1.860 2.786 3.400 4.141 5.034 6.109 15.67 18.82 5.437 e n 2017 OB 1073762075 24 2279 7.400 2604 Print Done in ti 1.420 1.457 1.486 1.702 1.754 1.806 3.380 3.617 3.870 1.208 1.220 1.232 1.245 1.257 1270 1.282 1.516 1.546 1.577 1.608 1.641 2.026 2.107 2.191 2.279 2.370 2.465 2.563 2.666 2.772 2.883 2.999 3.119 3243 4.801 7.107 2407 2.527 2.653 2.786 2.925 3.072 3.225 3.386 3.556 3.733 3.920 4.116 4.322 7.040 11.47 2.854 3.026 3.207 3.400 3.604 3.820 4.049 4.292 4.549 4.822 5.112 5.418 5.743 10.29 18.42 3.996 4.316 4.661 5.034 5.437 5.871 6.341 6.848 1.860 1.916 1.974 2.033 2.094 2.157 2.221 2.288 2357 2.427 3.262 4.384 1.295 1.308 1.321 1.335 1.348 1.489 1.645 4.717 5.5607.690 10.58 12.38 5.142 6.116 8.613 12.06 14.23 5.604 6.727 9.646 13.74 16.37 6.1097.400 10.80 15.67 18.82 6.659 8.140 12.10 17.86 21.64 7.258 8.954 13.55 20.36 24.89 7.911 9.850 15.18 23.21 28.63 8.623 10.83 17.00 26.46 32.92 9.399 11.92 19.04 30.17 37.86 1025 13.11 21 32 34.39 43.54 11.17 14.42 23.88 39.20 50.07 12.17 15.86 26.75 44.69 57.58 13.27 17.45 29.96 50.95 66.21 45.26 188.9 267.9 74.36 117.4 700.2 1,084 1.673 1.707 1.741 1.776 1.811 2.208 2.692 4.141 4.430 4.741 5.072 5.427 5.807 6.214 6.649 7.114 7.612 14.97 29.46 7.396 7.988 8.627 9.317 10.06 21.72 46.90 31.41 Print Done e 0 a 9 wl HEWL i Reference Periods 3 4 5.582 6.733 Present Value of Ordinary Annuity of $1 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 0.990 15% 16% 18% 0.9800.971 20% 0.962 0.952 0.943 0.935 0.926 0.917 0.9090.893 0.877 0.870 1.970 0.862 0.847 1.942 0833 1.913 1.886 1.859 1.8331.808 1.783 1759 1.736 1.690 1647 1.626 1,605 1.566 2.9412.884 1.528 2.829 2.775 2.723 2.673 2.624 2577 2.531 2.487 2.402 2.322 2 283 2.246 2. 1742 106 3.902 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 3.037 2.914 2.855 2.798 2.690 2 589 4.853 4.713 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 5.795 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 4.111 3.889 3.7843.685 3.498 3.326 6.728 6.472 6.230 6.002 5.786 5.389 5.206 5.033 4.868 4.564 4.288 4.160 4.039 3.812 3.605 7.652 7.325 7.020 6.463 6.210 5.971 5.747 5.535 5.335 4.968 4.639 4.487 4.344 4.078 3.837 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 4.031 9.471 8.983 8.530 8.111 7.722 7.360 7.0246.710 6.418 6.145 5.650 5.216 5.019 4.833 4.494 4.192 10.368 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 5.938 5.453 5.234 5.029 4.656 4.327 11.255 10.575 9.954 9.3858.863 8.384 7.9437.536 7.161 6.814 6.1945.660 5.421 5.197 4.793 4.439 12.134 11.348 10.635 9.9869.394 8.853 8.3587.9047.487 7.103 6.424 5.842 5.583 5.342 4.910 4533 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 6.628 6.002 5.468 5.008 4.611 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.0617.606 6.811 6.142 5.847 5.575 5.092 4.675 14.718 13.578 12.561 11.652 10.838 10.1069.447 8.851 8.313 7.824 6.974 6.265 5.954 5.162 4730 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 7.120 6.373 6.047 4.775 5.749 5.222 14.992 16.398 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.2017.250 4.812 6.467 6.128 5.818 5273 15.678 17.226 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 7.366 6.550 5.316 6.198 5.877 4.844 18.046 16.351 14.877 13.590 12.462 11.470 10.5949.818 9.129 4.870 8.5147469 6.623 6.259 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 9.292 8.649 4.891 7.562 6.687 6.312 1.10.2012 1 7 7 646 10 AN47 eco 16.097AAC 413 414 4 742 Print Done 14857 0.407 6.128 14.324 13.134 12085 5.818 5.273 4.812 11.158 10.336 9.604 8.950 8.3657 366 6.550 18.046 16.351 14.877 6.198 5.877 12.462 11.470 5.316 13.590 4844 10.594 9.818 9.129 8.514 7.469 6.623 6.259 5.929 5.353 4870 18857 17.011 15.415 12821 11.764 10.836 10.017 9.292 8.649 7.562 6.687 6.312 5.973 5384 19.660 17.658 15937 13.163 12.042 11.061 10.201 9.442 8.772 7.645 6.743 6.359 6.011 5.410 4.909 20.456 18 292 16.444 13.489 12.303 11.272 10.371 9.580 8.883 7.718 6.792 6.399 6.044 5.432 4925 21 243 18.914 16.936 15.247 13.799 12.550 11.469 10.529 9.707 8.985 7.7846.835 6.434 6.073 5.451 4.937 22.023 19.523 17 413 15.622 14.094 12783 11.654 10.675 9.823 9.077 7.843 6.873 6.464 6.097 5.467 4.948 22.795 20.121 17.877 15.983 14.375 13.003 11.826 10.810 9.929 9.161 7.896 6.906 6.491 6.118 5.480 4956 23.560 20.707 18.327 16.330 14.643 13.211 11.987 10.935 10.027 9.237 7.943 6.935 6.514 6.136 5.492 4964 24.316 21.281 18.764 16.663 14.898 13.406 12.13711.051 10.116 9.3077.984 6.961 6.5346.152 5.502 4.970 25.066 21.844 19.188 16.984 15.141 13.591 12.278 11.158 10.198 9.370 8.022 6.983 6.551 6.166 5510 4.975 25.808 22.396 19.600 17.292 15.372 13.765 12.409 11.258 10.2749.427 8.055 7.003 6.568 6.177 5.517 4.979 27.355 23.115 32.835 19.793 17.159 15.046 13.332 11.925 10.757 9.779 8.244 7.105 6.642 6.233 5.548 4.997 39.196 31.424 25.730 21.482 18 256 15.762 13.801 12 233 10.962 9.915 8.304 7.133 6661 6248 5.554 4.999 Print Done HEWLE Periods 1% 2% 1.000 1.000 2010 2020 3.030 3.060 4.060 4.122 5.101 5.204 6.152 6.308 7.214 7.434 8.286 8.583 9.369 9.755 10.46 10.95 11.57 12.17 12.68 13.41 13.81 14.68 Future Value of Ordinary Annuity of $1 3% 4% 5% 6% 7% 8% 9% 10% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2030 2040 2050 2060 2070 2080 2090 2100 3.091 3.122 3.153 3.184 32153 246 3.278 3.310 4.184 4.246 4.310 4.375 4.440 4.506 4.573 4.641 5.3095.416 5.526 5.637 5.751 5.867 5.985 6.105 6.468 6.633 6.802 6.975 7.336 7.5237.716 7.662 7.898 8.142 8.394 8.654 8.9239.2009.487 8.8929.214 9.549 9.897 10.260 10.6411.03 11.44 10.16 10.58 11.03 11.49 11.98 12.49 13.02 13.58 11.46 12.01 12.58 13.18 13.82 14.49 15.1915.94 12.81 13.49 14.97 15.78 16.65 17.56 14.19 15.92 16.87 17.89 18.98 20.14 15.62 17.71 18.88 20.14 21.50 21.02 12% 1.000 2120 3.374 4.779 6.353 8. 115 10.09 12.30 14.78 17.55 14% 1.000 2140 3.440 4.921 6.610 8.536 10.73 13.23 16.09 7.153 15% 1.000 2 150 3.473 4.993 6.742 8.754 11.07 13.73 16.79 20.30 24.35 29.00 14.21 40.50 18.43 19.61 9102 1048 7 Print Done in the 23.41 25.12 26.87 28.68 30.54 32.45 19.61 21.41 20.81 22.84 22.02 24.30 23.24 25.78 24.47 27.30 25.72 28.85 26.97 30.42 28.24 32.03 29.53 33.67 30.82 35.34 32.13 37.05 33.45 38.79 34.78 40.57 48.89 60.40 64.46 84.58 34.43 36.46 38.55 40.71 42.93 30.64 33.75 36.97 40.54 48.88 59.12 65.08 25.65 28.13 30.91 34.00 37.45 41.30 45.60 55.75 68.39 27.67 75.84 30.54 33.76 37 38 41.45 46.02 51.16 63.44 78.97 88.21 29.78 33.07 36.79 41.00 45.76 51.16 57.28 72.05 | 91.02 102.4 31.97 35.7239.99 44.87 50.42 56.76 64.00 | 81.70 | 104.8 118.8 34.25 38.51 43.3949.01 55.46 62.87 71.40 92.50 120.4 1376 36.62 41.43 47.00 53.4460.89 69.53 79.54104.6 138.3 159.3 39.08 44.50 50.82 58.18 66.76 76.79 | 88.50 1182 158. 7 184.2 41.65 47.73 54.86 63.25 73.11 84.70 98,35 133.3 181. 9 212.8 44.31 51.11 59.16 68.6879.95 93.32 109.2 150.3 208. 3 245.7 47.08 54.67 63.71 74.4887.35 102.7 121.1 169.4 238.5 283.6 49.97 58.40 68.53 80.70 95.34 113.0 1342 190.7 2729 327.1 52.97 62.32 73.6487.35 104.0 124. 1 148.6 214.6 312.1 / 377.2 56.08 66.44 79.06 94.46 113.3 136.3 164.5 241.3 356.8 434.7 95.03 | 120.8 154.8 199.6 259.1 337. 9 442.6 767.1 1,342 1,779 152. 7 209.3 290.3 406.5 573 8 815. 1 1.164 2.400 4,995 7,218 47.58 75.40 112.8 Print Done e a 2 + 9 HEWLETT PACKARD This C Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: (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 Annuity of $1 table) Assuming you can earn 6% on your funds, which option would you prefer? The present value of the payout is: (Round your answers to the nearest whole dollar.) Option #1 Option #2: Option #3: (Enter your answer as a numeraleg. 1.) has the highest present value using the 6% discount rate. Therefore, it appears to be the most Payout Option # favorable option Enter any number in the edit fields and then continue to the next