Homework: Assignment 20 Score: 0 of 2 pts 6 of 6 (2 complete) i Reference Periods 6% 2017 14% 1.140 5% 1.050 1.103 1.158 1.216 1.276 1.040 1.082 1.125 1.170 1.217 1.300 1.482 16% 1.160 1.346 1.561 1.811 2.100 1.689 1.925 1.093 1.126 1.159 1.194 1.230 1.267 1.305 1.340 1% 1.010 1.020 1.030 1.041 1.061 1.062 1.072 1.083 1.094 1.105 1.116 1.127 1.138 1.149 1.161 12% 1.120 1.254 1.405 1.574 1.762 1.974 2211 2.476 2.773 1.587 2.195 2502 1.360 2% 1.020 1.040 1.061 1.082 1.104 1.126 1.149 1.172 1.195 1.219 1.243 1.268 1.294 1.319 1.346 1.486 1.641 1.811 2.208 1.407 1.477 1.551 1.629 2.853 Future Value of $1 8% 1.060 1.080 1.124 1.166 1.191 1.260 1.262 1.360 1.338 1.469 1.419 1.504 1.714 1.594 1851 1.689 1.999 1.791 2.159 1.898 2.332 2.012 2 518 2.133 2.720 2.261 2.937 2.397 3.172 3.207 4.661 4.292 6.848 5.743 10.063 10.286 21.725 10% 1.100 1.210 1.331 1.464 1.611 1.772 1.949 2.144 2358 2.594 2.853 3.138 3.452 3.797 4.177 6.727 10.835 17.449 45 259 2.826 3.278 3.803 4.411 5.117 1.344 1.384 1.480 3.400 18% 1.180 1.392 1.643 1.939 2.288 2.700 3.185 3.759 4.435 5.234 6.176 7.288 8.599 10.147 11.974 27.393 62.669 143.371 750.378 1.200 1.440 1.728 2.074 2.488 2.986 3.583 4.300 5.160 6.192 7.430 8.916 10.699 12.839 15.407 38.338 95.396 237.376 1,469.772 5.936 1.426 1.469 1.513 1.558 1.806 1.732 1.801 2.191 1.888 1.980 2.079 2.653 3.386 4.322 7.040 4.363 4.887 5.474 9.646 17.000 5.492 6.261 7.138 6.886 7.988 9.266 19.461 40.874 85.850 378.721 2094 2.666 1.282 1.348 1.489 2.427 3.262 3.243 4.801 93.051 Print Done Enter any number in the edit fields and then click Check Answer 5 parts 5 remaining Clear All irs from now. otio 0 Data Table orta motor Option 1: Option 2: Option 3: $1,000,000 now $147,000 at the end of each year for the next nine years $1,500,000 nine years from now ! Print Done CHIL 20 6 of 6 (2 complete) 0 Reference Periods 6% 10% w 1% 1.000 2.010 3.030 4.060 5.101 6.152 7.214 8.286 9.369 10.462 11.567 12.683 13.809 14.947 16.097 22.019 28.243 34.785 48.886 4.122 5.204 6.308 7.434 8.583 9.755 10.950 12.169 13.412 14.680 15.974 17.293 24.297 1.000 2.030 3.091 4.184 5.309 6.468 7.662 8.892 10.159 11.464 12.808 14.192 15.618 17.086 1.000 2.040 3.122 4.246 5.416 6.633 7.898 9.214 10.583 12.006 13.486 15.026 16.627 18 292 Future Value of Annuity of $1 5% 8% 1.000 1.000 1.000 1.000 2.050 2.060 2.080 2.100 3.153 3.184 3.246 3.310 4.310 4.375 4.506 4.641 5.526 5.637 5.867 6.105 6.975 7.336 7.716 8.142 8.394 8.923 9.487 9.549 9.897 10.637 11.436 11.027 11.491 12.488 13.579 12.578 13.181 14.487 15.937 14.207 14.972 16.645 18.531 15.917 16.870 18.977 21.384 17.713 18.882 21.495 24.523 19.599 21.015 24 215 27.975 21.579 23.276 27.152 31.772 36.786 45.762 57.275 54.865 73.106 98.347 79.058 113.283 164.494 154.762 259.057 442.593 12% 1.000 2.120 3.374 4.779 6.353 8. 115 10.089 12.po 14.776 17.549 20.655 24.133 28.029 32.393 37.280 72.052 133.334 241.333 767.091 14% 1.000 2.140 3.440 4.921 6.610 8.536 10.730 13.233 16.085 19.337 23.045 27 271 32.089 37.581 43.842 91.025 181.871 356.787 1,342.025 16% 1.000 2.160 3.506 5.066 6.877 8.977 11.414 14.240 17.519 21.321 25.733 30.850 36.786 43.672 51.660 115.380 249.214 530.312 2,360.757 18% 20% 1.000 1.000 2.180 2.200 3.572 3.640 5.215 5.368 7.154 7442 9.442 9.930 12.142 12916 15.327 16.499 19.086 20.799 23.521 25.959 28.755 32.150 34.931 39.581 42.219 48.497 50.818 59.196 60.965 72.035 146.628 186.688 342.603 471.981 790.948 1,181.882 4,163.213 7.343.858 32.030 40.568 60.402 898 Print Done hen click Check Answer. Clear All i Reference je Periods 0.735 14% 0.877 0.769 0.675 0.592 0.519 0.456 0.400 0.351 1% 0.990 0.980 0.971 0.961 0.951 0.942 0.933 0.923 0.914 0.905 0.896 0.887 0.879 0.870 0.861 0.820 0.780 0.742 0.672 2% 0.980 0.961 0.942 0.924 0.906 0.888 0.871 0.853 0.837 0.820 0.804 0.788 0.773 0.758 0.743 0.673 0.610 0.552 0.453 0.630 3% 0.971 0.943 0.915 0.888 0.863 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 0.661 0.642 0.554 0.478 0.412 0.307 12% 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0.361 Present Value of $1 4% 5% 6% 8% 10% 0.962 0.952 0.943 0.926 0.909 0.925 0.907 0.890 0.857 0.826 0.8890.864 0.840 0.794 0.751 0.855 0.823 0.792 0.683 0.822 0.784 0.747 0.621 0.790 0.746 0.705 0.564 0.760 0.711 0.665 0.513 0.731 0.677 0.627 0.467 0.703 0.645 0.592 0.424 0.676 0.614 0.558 0.650 0.585 0.527 0.429 0.350 0.625 0.557 0.497 0.397 0.319 0.601 0.530 0.469 0.368 0.290 0.577 0.505 0.442 0.340 0.263 0.555 0.481 0.417 0.315 0.239 0.456 0.377 0.312 0.215 0.149 0.375 0.295 0.233 0.146 0.092 0.308 0.231 0.174 0.099 0.057 0.208 0.142 0.097 0.046 0.022 16% 0.862 0.743 0.641 0.552 0.476 0.410 0.354 0.305 0.263 0.306 0.463 0.386 0.322 0270 0.227 18% 0.847 0.718 0.609 0.516 0.437 0.370 0.314 0.266 0.225 0.191 0.162 0.137 0.116 0.099 0.084 0.037 0.016 0.007 0.001 20% 0.833 0.694 0.579 0.482 0.402 0.335 0.279 0.233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 0.026 0.010 0.004 0.001 0.257 0.237 0.208 0.182 0.183 0.104 0.059 0.033 0.011 0.160 0.140 0.073 0.038 0.005 0.195 0.168 0.145 0.125 0.108 0.051 0.024 0.012 0.003 0.020 Print Done Clear All 0 Reference alue ofes res Periods 1% 0.990 1.970 2.941 3.902 18% 0.847 1.566 2.577 12% 14% 0.893 0.877 1.6901.647 2.402 2.322 3.037 3.605 4.111 2.174 3.170 4,853 Present Value of Annuity of $1 5% 6% 8% 10% 0.9520.943 0.926 0.909 1.859 1.833 1.783 1.736 2.723 2.673 2.487 3.546 3.465 3.312 4.329 3.993 5.076 5.786 5.206 6.463 6.210 7.108 7.722 16% 0.862 1.605 2.246 2.798 3.274 3.685 4.039 4.344 4.212 5.795 2.690 3.127 3.498 3.812 4.078 6.728 SSO 4.56A 7.652 8.566 5.747 4.968 6.247 6.802 5.328 2% 3% 4% 0.980 0.971 0.962 1.942 1.913 1.886 2.884 2.829 2.775 3.808 3.717 3.630 4.713 4.580 4.452 5.601 5.417 5.242 6.472 6.230 6.002 7.325 7.020 6.733 8.162 7.786 7.435 8.983 8.530 8.111 9.787 9.253 8.760 10.575 9.954 9.385 11.348 10.635 9.986 12.106 11.296 10.563 12.849 11.938 11.118 16.35 14.877 13.590 19.523 17.413 15.622 22.396 19.600 17.292 27.355 23.115 19.793 9.471 1790 20% 0.833 1.528 2.106 2.589 2.991 3.326 3.605 3.837 4.031 4.192 4.327 4.439 4.533 4.611 4.675 4.870 4.948 4.979 6.710 8.306 7897 7.139 10.368 11.255 12.134 8.384 8.853 7.536 7.904 8.244 ON wo 02 N 13.004 7.367 NO 9.712 8.863 9.394 9.899 10.380 12.462 14.094 15.372 17.159 8.559 8.514 DON 11.470 12.783 13.765 15.046 9.818 10.675 11.258 11.925 7.843 5.467 9.077 9.427 9.779 5.548 40 4.997 8.244 32.835 Print Done Clear All Homework: Assignment 20 Score: 0 of 2 pts 6 of 6 (2 complete) S12-8 (similar to) Listed below are three lottery payout options. (Click the icon to view the lottery payout options.) Rather than compare the payout options at their present values, compare the payout options at their future value nine years from now. a. Using a 6% interest rate, what is the future value of each payout option? b. Rank your preference of payout options. C. Does computing the future value rather than the present value of the options change your preference of payout options? Explain. (Click the icon to view the future value factor table.) (Click the icon to view the future value annuity factor table.) (Click the icon to view the present value factor table.) Click the icon to view the present value annuity factor table.) a. Using a 6% interest rate, what is the future value of each payout option? Compute the future value of each payout option. (Round your answers to the nearest whole dollar.) Future value Option 1: = Enter any number in the edit fields and then click Check Answer. 5 parts Clear All remaining