Joan Lucky won the $44 million lottery. She is to receive $1.3 million a year for the next 25 years plus an additional lump sum payment of $11,5 million after 25 years. The discount rate is 18 percent. What is the current value of her winnings? Use Appendix B and Appendix D. (Provide answers in terms of millions of dollars. Round "PV Factor" to 3 decimal places. Round the final answer to the nearest whole dollar.) (2) WhatsApp Assignment 7 Chapter Appendix .pg 1,070 1,342 Appendix 1007 277 le R o les Won The 544ML. APPENDIX B Present Value of $1, PV, PV=Fvla+,-) - F/(1+1) Period 1% 0.990 0.980 0.971 0.961 0.951 0.942 0.933 0.923 0.914 0.905 0.896 5% 0.952 0.907 0.864 0.823 0.784 0.746 0.711 0.677 0.645 0.614 05 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 0.728 0.714 0.700 0.686 0.673 0.610 0.552 0.453 0.372 3% 0.971 0.943 0.915 0.885 0.863 0.837 0.813 0.789 0.766 0.744 0.722 0.701 0.681 0.661 0.642 0.623 0.605 0.587 0.570 0.554 0.478 0.412 0.307 0.228 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0.555 0.534 0.513 0.494 0.475 0.456 0.375 0.308 0.208 0.141 Percent 6% 0.943 0.890 0.840 0.792 0.747 0.705 0.665 0.627 0.592 0.558 0.527 0.497 0.469 0.442 0.417 0.394 0.371 0.350 0.331 0.312 0.233 0.174 0.097 0.054 0.557 0.530 0.505 0.481 0.879 7% 0.935 0.873 0.816 0.763 0.713 0.666 0.623 0.582 0.544 0.508 0.475 0.444 0.415 0.388 0.362 0.339 0.317 0.296 0.277 0.258 0.184 0.131 0.067 0.034 8% 0.926 0.857 0.794 0.735 0.681 0.630 0.583 0.540 0.500 0.463 0.429 0.397 0.368 0.340 0.315 0.292 0.270 0.250 0.232 0.215 0.146 0.099 0.046 . 0.021 9% 0.917 0.842 0.772 0.708 0.650 0.596 0.547 0.502 0.460 0.422 0.388 a 0.356 0.326 0.299 0.275 0.252 0.231 0.212 0.194 0.178 0.116 0.075 0.032 0.013 10% 0.909 0.826 0.751 0.683 0.621 0.564 0.513 0.467 0.424 0.386 0.350 0.319 0.290 0.263 0.239 0.218 0.198 0.180 0.164 0.149 0.092 0.057 0.022 0.009 11% 0.901 0.812 0.731 0.659 0.593 0.535 0.482 0.434 0.391 0.352 0.317 0.286 0.258 0.232 0.209 0.188 0.170 0.153 0.138 0.124 0.074 0.044 0.015 0.005 0.458 0.861 0.853 0.844 0.836 0.828 0.820 0.780 0.742 0.672 0.608 0.436 0.416 0.396 0.377 0.295 0.087 Perlod ........ ...... 129 0.893 0.797 13% .885 0.783 0 14% 0.877 0.769 15% 0.870 0.756 16% 0.862 0.743 17% 0.855 0.731 Percent 18% 19% 0.847 0.840 0.7180.706 20% 0.833 0.694 25% 0.800 0.640 30% 0.769 0.592 F 35% 0.741 0.549 ANG 40% 0.714 0.510 361 30. 0.100 0.742 0.672 0.608 .10 0.552 0.453 0.372 0.478 0.412 0.307 0.228 0.375 0.308 0.208 0.141 0.295 0.231 0.142 0.087 0.233 0.174 0.097 0.054 0.184 0.131 0.067 0.034 0.146 0.099 0.046 0.021 0.116 0.075 0.032 0.013 0.092 0.057 0.022 0.009 0.074 0.044 0.015 0.005 50.... Period 0 0 UNES 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0.361 0.322 0.287 0.257 0.229 0.205 0.183 0.163 0.146 0.130 0.116 0.104 0.059 0.033 0.011 0.003 13 14% 0.885 0.877 0.783 0.769 0.693 0.675 0.613 0.592 0.543 0.519 0.480 0.456 0.425 0.400 0.376 0.351 0.333 0.300 0.295 0.270 0.261 0.237 0.231 0.208 0.204 0 .182 0.181 0.160 0.1600.140 0.141 0.123 0.125 0.108 0.111 0.095 0.098 0.083 0.087 0.073 0.047 0.038 0.026 0.020 0.008 0.005 0.002 0.001 15% 0.870 0.756 0.658 0.572 0.497 0.432 0.376 0.327 0.284 0.247 0.215 0.187 0.163 0.141 0.123 0.107 0.093 0.081 0.070 0.061 0.030 0.015 0.004 0.001 Percent 16% 17% 18 0.862 0.855 0.847 0.743 0.731 0.718 0.641 0.624 0.609 0.552 0.534 0.515 0.476 0.456 0.437 0.410 0.390 0.370 0.354 0.333 0.314 0.305 0.285 0.266 0.263 0.243 0.225 0.227 0.208 0.191 0.1950 .178 0.162 0.168 0.152 0.137 0.145 0.130 0.116 0.125 0.11 0.099 0.108 0.095 0.084 0.093 0.081 0.071 0.080 0.069 0.060 0.0690.059 0.051 0.0600.051 0.043 0.051 0.043 0.037 0.024 0.020 0.016 0.012 0.0090 .007 0.003 0.002 0.001 0.001 0 0 19 0.840 0.706 0.593 0.499 0.419 0.352 0.296 0.249 0.209 .176 0.148 0.124 0.104 0.008 0.074 0.062 0.052 0.014 0.037 0.031 0.013 0.005 0.001 0 20 0.833 0.694 0.579 0.482 0.402 0.335 0.279 .233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 0.054 0.045 0.038 0.031 0.026 0010 0.004 0.001 0 25* 0.800 0.640 0.512 0.4100 0.320 0.262 0.210 0.168 0.134 0.107 0.086 0.069 0.055 0.044 0.035 0.028 0.023 0.018 0.014 0.012 0.004 0.001 0 0 30% 35% 40% 50% 0.769 0.741 0.714 0.667 0.592 0.519 0.510 0.444 0.455 0.406 0.364 0.296 .350 0.301 0.260 0.198 0.269 0.223 0.186 0.132 0.207 0.165 0.133 0.088 0.159 0.122 0.095 0.059 23 0.091 0.068 0.039 0.094 0.067 0.048 0.026 0.073 0.050 0.035 0.017 0.056 0.037 0.025 0.012 0.043 0.027 0.018 0.008 0.033 0.020 0.013 0.005 0.025 0.015 0.009 0.003 0.0200.0110.006 0.002 0.015 0.008 0.005 0.002 0.012 0.006 0.003 0.001 0.0090.005 0.002 0.001 0.007 0.003 0.0020 0.005 0.002 0.0010 0.001 0.0010 0 0 0 0 0 0 0 0 0 0 0 0 0 30... 40.... 50.. Note: Factor calculation with calculator Set PV -1 Set PMT -0 Select N = number of required periods Select y required interest rate COMP - Excel Spreadsheet PV n, o, FV. 1-Decimal or 1- For beginning of period Sih spoo Appendix blog 1,079x1,342 px. Appendix_d.jpg 1,007x1,277 pix... Rita Gona Atslanmant 7 (Chapter 9 APPENDIX D Pret Vata o un Anity afsi, W.-- ------ DO 1.70 1.913 1.942 2.884 2.723 22501 ZREE 1.60 4492 3.102 2.42 1170 1.791 1312 3.93 4212 30 450 5.417 6200 ENT 6720 6.472 5.582 5.033 W 4.712 6.00 67 7.495 5.206 STET 636 6.710 7.108 5.537 5. 01 571 6515 7604 7. 7.943 350 6.418 7.0 6 7 7NET 3354 B53 9.295 8.306 8.863 6165 6. 6.814 7.10 7.536 6.750 1004 11 348 12.106 12.849 13.578 9.954 10.535 11.96 11.938 12.561 9.35 9. 10. 11.118 11.652 99 10380 10,638 8.745 100 9.447 8.244 3.559 BASI 3.122 9372 9.504 720 7.786 8.661 8.313 8546 3.755 7.606 7.624 8.002 1 10.09 16 1725 2 13.754 15.673 E 16.351 14.57 19.503 17.413 19.00 275523115 31.424 25.730 10.828 11.18 11.70 12.783 9129 7.191 7.379 7.549 7.702 7.69 75 802 60 51 12.659 11.590 LIMOS TL 12.00 15.02 172 19.733 17.159 21.021826 3514 11.654 122009 10.575 11 258 11.52 1 2233 15.045 15.762 10.774 10.757 10.92 9.627 w 915 196 1 Period 12% 13% 0.5 14% 0.877 15% 0.870 17% 18% 0.847 16% 0 12 10S 2246 19% OMO THET 2.140 2025% OR O 00 1921 .400 2.106 1.952 30% 35% 0.79 741 1951 19 1.816 69 40SOR 714 0.95 12 III 1.50 1.007 1 AS 2210 2.402 2.361 2.332 2.283 2.174 1 3.605 517 3.833 3352 3 17 564 3 2 160 9 469 LET 5:32 S124905 4772 SSO 5.426 5216 5019 5.838 .67 5 .453 5.234 6.194 5.18 5.660 5.421 6.424 1225 .642 5.5 FORSI 5.725 6811 6 142 5.847 6.974 5.604 6.265 954 7.102 729 1736007 374 3193.127 30 140 3 502 312 3.706 14 4207 078395 507 65 4103 4.163 4659 4194 .029 4.8.36 4.656 4.486 5197 498 4.793 5.342 118 4.910 4.715 . 5.2013 00 0 2 1.525 5.24 5.082 76 S. S005 S19 S.109 5.675 5.22 291 2.09 2.036 22202035 737 251 253 252.168 24 605 3.161 2 2 2 SRIT 1029252 2 1 4031 1571302 2.715 2014 IS 4.327 272 248 1977 3.725 3.1902.779 2.456 1.985 3 3.7601.223 2.7 2.409 .990 611 110 3.249 2814 2.478 1983 675 3. 89 3.2 2.0 2.0 1.935 775 910 5 230 23 5 T W STY5316 SS 2 7. 7 3.055 3.244 3.304 6 .73 7 7.00 7.634 7 105 7.6737.133 75 5.09 SONT 177 233 624 5.667 SS S.517 5.235 5.5 5.258 5.554 SS 479 6.506 6.662 6.66 S 3.995 . 4.000 3092 3.332 2 3.333 257 257 2 293 .500 2.500 2500 2.000 2.000 2.000 2.000 PRIME Igo