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need help with these three questions please help with all three they are short questions. Please make sure answer isn't cut off. thank you will

need help with these three questions please help with all three they are short questions. Please make sure answer isn't cut off. thank you will give a good review.
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300's Hardware is doing a new product line that will require an investment of 51,454.000 Managers of mate that this investment will have a 10-year and generate net cash inbows of $310.000 the first year, 5260.000 the second you, and $240.000 each year theater for eight years. Compute the payback period Round to one decimal place The Daybadinya Skes Hardware is adding a new product Sne that will require an investment of $1,454,000. Managers estimate that this investment will have a 10-year life and generate net cash inflows of $310.000 the first year $290.000 the second you, and 5230,000 each year thereafter for eight years. Assume the project has no residual value. Compute the ARR for the investment Round to two places Select the formula, then enter the amounts to calculate the ARR (accounting rate of return) for the new product in (Round ARA to the neared hundredth percent (wo docinot place) XXXX ARR The present value of the payout is: (Round you Present value of the payout, Option #1: $ Present value of the payout, Option #2: $ Present value of the payout, Option #3: $ (Enter your answer as a numeral-e.g. 1.) The highest present value using the 8% discount rate and the option that, therefore, appears to be the most favorable, is payout option # Data table Option #1: $15,000,000 after five years Option #2: $2,100,000 per year for five years Option #3: $14,000,000 after three years Reference Present Value of S1 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 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 Period 2 0.980 0.961 0.943 0.925 0.907 0.890 0.873 0.857 0.8420.826 0.797 0.769 0.756 0.743 0.7180.694 Period 3 10.971 0.942 0.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.712 0.675 0.658 0.6410.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.823 0.792 0.763 0.735 0.708 0.683 0.636 0.592 0.572 0.5520.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.6210.567 0.519 0.497 0.476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.6660.630 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.623 0.5830.5470.513 0.452 0.400 0.376 0.354 0.3140.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.404 0.351 0.327 0.305 0.266 0.233 Period 9 0.914 0.837 0.766 0.703 0.6450.592 0.5440.500 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.194 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.5080.463 0.422 0.386 0.322 0.270 0.247 0.227 0.1910.162 Period 11 0,896 0.8040.722 0.650 0.585 0.527 0.475 0.429 0.3880.350 0.287 0.237 0.215 0.1950.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.257 0.208 0.187 0.168 0.137 0.112 Period 130.879 0.773 0.681 0.601 0.530 0.4690.415 0.368 0.326 0.290 0.229 0.1820.163 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.205 0.1600.141 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0.481 0.417 0.362 0.315 0.275 0.239 0.183 0.1400.123 0.1080.084 0.065 Period 16 0.853 0.7280.623 0.534 0.4580.394 0.3390.292 0.252 0.218 0.163 0.123 0.107 0.093 0.071 0.054 Period 17 0.844 0.714 0.605 0.513 0.436 0.371 0.317 0.270 0.231 0.1980.146 0.108 0.093 0.080 | 0.060 | 0.045 Period 18 0.836 0.7000.587 0.494 0.416 0.350 0.296 0.250 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 Period 19 0.828 0.686 0.570 0.475 0.396 0.331 0.277 0.232 0.1940.1640.116 0.083 0.070 0.060 0.043 0.031 Period 2010.820 0.673 0.554 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.1040.073 0.061 0.051 0.037 0.026 Reference Period 11 10.896 0.804 10.722 0.650T0.585 0.527 T0.475 0.429 0.388 10.350 0.287 0.237 0.215 T0.195 0.162 0.135 Period 120.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.257 0.208 0.187 0.168 0.137 0.112 Period 130.879 0.773 0.681 0.601 0.530 0,469 0.415 0.368 0.326 0.290 0.229 0.182 0.163 0.145 0.116 0.093 Period 140.870 0.758 0.661 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.205 0.1600.141 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.555 0,481 0.417 0.362 0.315 0.275 0.239 0.183 0.140 0.123 0.108 0.084 0.065 Period 16 0.853 0.728 0.623 0.534 0.458 0.394 0.3390.292 0.252 0.218 0.163 0.123 0.107 0.093 0.071 0.054 Period 17 0.844 0.714 0.605 0.513 0.436 0.371 0.317 0.270 0.231 0.198 0.146 0.108 0.093 0.080 0.060 0.045 Period 18 0.836 0.700 0.587 0.494 0.416 0.350 0.296 0.250 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 Period 19 10.828 0.686 0.570 0.475 0.396 0.331 0.277 0.232 0.1940.164 0.116 0.083 0.070 0.060 0.043 0.031 Period 20 0.820 0.673 0.5540.456 0.3770.3120.258 0.215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 Period 210.811 0.660 0.538 0.439 0.359 0.2940.242 0.1990.1640.135 0.093 0.064 0.053 0.044 0.031 0.022 Period 22 10.803 0.647 0.522 0.422 0.342 0.278 0.226 0.184 0.150 0.123 0.083 0.056 0.046 0.038 0.026 0.018 Period 23 0.795 0.634 0.507 0.4060.3260.262 0.211 0.170 0.138 0.112 0.074 | 0.049 0.040 0.033 0.022 0.015 Period 24 0.788 0.622 0.492 0.390 0.310 0.247 0.1970.158 0.126 0.102 | 0.066 0.043 0.035 0.028 0.019 0.013 Period 25 0.780 0.610 0.478 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0.059 0.038 0.030 0.024 0.0160.010 Period 26 0.772 0.598 0.464 0.361 0.281 0.220 0,172 0.135 0.106 0.084 0.053 0.033 0.026 0.021 0.014 0.009 Period 27 10.764 0.586 0.450 0.347 0.268 0.207 0.161 0.125 0.098 0.076 0.047 0.029 0.023 0.018 | 0.0110.007 Period 28 10.757 0.574 0.437 0.333 0.255 0.1960.150 0.116 0.090 0.069 0,042 0.026 0.0200.0160.0100.006 Period 29 0.7490.563 0424 0.321 0.243 0.185 0.141 0.107 0.082 0.063 0.037 0.022 0.017 0.014 0.008 0.005 Period 30 0.742 0.552 0.412 0.308 0.231 0.174 0.131 0.099 0.075 0.057 0.033 0.0200.015 0.012 0.007 0.004 Period 40 0.672 0.453 0.307 0.208 0.142 0.097 0.067 0.046 0.032 0.022 0.0110.005 0.0040.003 0.001 0.001 Period 50 0.608 0.372 0.228 0.141 0.087 0.054 0.034 0.021 0.0130.0090.003 0.001 0.001 0.001 Reference Future Value of $1 Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.010 1.020 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.100 1.120 1.140 1.150 1.020 1.040 1.061 1.0821.103 1.124 1.145 1.166 1.1881.210 1.254 1.300 1.323 1.030 1.061 1.093 1.125 1.1581.191 1.225 1.260 1.295 1.331 1.405 1.482 1.521 1.041 1.0821.126 1.170 1.216 1.262 1.311 1.360 1.412 1.464 1.574 1.689 1.749 1.051 1.104 1.159 | 1.217 1.276 1.338 1.403 1.469 1.5391.611 1.762 1.925 2.011 1.062 1.126 1.194 1.265 1.340 1.419 1.501 1.587 1.677 1.772 1.974 2.1952.313 1.072 1.149 | 1.230 1.316 1.407 1.504 1.606 1.7141.8281.949 2.211 2.502 2.660 1.083 | 1.172 | 1.267 1.369 1.4771.594 1.718 1.851 | 1.993 2.144 2.476 2.853 3.059 1.094 1.1951.305 1.423 1.551 1.689 1.838 1.999 2.172 2.3582.7733.252 3.518 1.105 1.219 1.344 1.480 1.629 1.791 1.967 2.159 2.3672.594 3.106 3.707 4.046 1.116 1.243 1.384 1.539 1.7101.898 2.10 2.332 2.580 2.853 3.479 4.2264.652 1.1271.268 1.426 1.601 1.796 2.012 2.252 2.518 2.8133.138 3.896 4.818 5.350 1.1381.294 1.469 1.665 1.886 2.1332.4102.7203.066 3.4524.363 5.492 6.153 1.149 1.319 1.513 1.732 1.980 2.261 2.579 2.937 3.342 3.798 4,887 6.2617.076 1.161 1.346 1.558 1.8012.079 2.3972.759 3.172 3.642 4.177 5.474 7.1388.137 1.173 1.3731.605 1.873 2.183 2.540 2.952 3.426 3.970 4.595 6.130 8.137 9.358 1.184 1.400 1.653 1.948 2.292 2.6933.159 3.700 4.328 5.054 6.866 9.276 10.76 1.1961.428 1.7022.026 | 2.407 2.854 3.380 3.996 4.717 5.560 7.690 10.58 12.38 1.208 1.457 1.754 2.107 2.527 3.026 3.6174.316 5.142 6.116 8.613 12.06 14.23 1.220 1.4861.806 2.1912.653 3.2073.870 4.661 5.604 6.727 9.646 13.74 16.37 Period 16 Period 17 Period 18 Period 19 Period 20 - Reference Period 1 1.116 1.243 1.384 1.539 1710 1.898 2.105 2332 2.580T2.853 3.479 14.2264.652 Period 12 1.1271.268 1.426 1.601 1.796 2.012 2.252 2.518 2.8133.138 3.896 4.818 5.350 Period 13 1.138 1.294 1.469 1.665 1.886 2.1332.4102.720 3.066|3.452 4.363 5.492 6.153 Period 14 1.149 1.319 1.513 1.732 1.980 2.261 2.579 2.937 3.342 3.798 4.887 6.2617.076 Period 15 1.161 1.346 1.558 1.801 2.079 2.3972.759 3.172 3.642 4.177 5.474 7.1388.137 Period 16 1.173 1.373 | 1.605 1.873 2.183 2.540 2.952 3.426 3.970 4.595 6.130 8.137 9.358 Period 17 1.184 1.400 1.653 1.948 2.292 2.693 3.1593.700 4.3285.054 6,866 9.276 10.76 Period 18 1.196 | 1.428 1.702 2.0262.407 2.8543.380 3.996 4.717 5.560 7.690 10.58 12.38 Period 19 1.208 1.4571.754 2.107 2.527 3.026 3.6174.316 5.142 6.116 8.613 12.06 14.23 Period 20 1.220 1.4861.806 2.191 2.653 3.2073.870 4.661 5.604 6.727 9.646 13.74 16.37 Period 21 1.232 1.516 1.860 2.279 2.786 3.400 4.1415.034 6.1097.400 10.80 15.67 18.82 Period 22 1.245 1.546 1.916 2.370 2.925 3.604 4.430 5.4376.659 8.140 12.10 17.8621.64 Period 23 1.257 1.577 1.9742.465 3.0723.820 4.741 5.871 7.2588.954 | 13.55 20.36 24.89 Period 24 1.270 1.608 2.033 2.563 3.225 4.049 5.0726,341 7.9119.850 15.18 23.21 28.63 Period 25 1.282 1.641 2.094 2.666 3.386 4.292 5.427 6.8488.623 10.83 | 17.00 26.46 32.92 Period 26 1.2951673 2.157 2.772 3.556 4.5495.8077.396 9.399 11.92 19.04 30.17 37.86 Period 27 1.308 1.707 2.2212.883 3.7334.822 6.214 7.988 10.25 13.11 21.32 34 39 | 43.54 Period 28 1.321 1.741 2.288 2.999 3.9205.112 6.649 8.627 11.17 14.42 23.88 39.20 50.07 Period 29 1.335 1.7762.357 3.119 4.1165.418 7.114 9.317 12.17 15.86 26.75 44.69 57.58 Period 30 1.34818112.427 3.243 4.3225.743 7.61210.06 13.27 17.4529.96 50.95 | 66.21 Period 40 1.489 2.208 3.262 4.801 7.040 10.2914 97 21.7231.41 45.2693.05 188.9 267.9 Period 50 1.645 2.692 4.384 7.107 11:47 18:42 29.46 46.90 74,36 117.4 289.0 700.21.084 Reference 9% Present Value of Ordinary Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.9520.943 0.935 0.926 0,917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 Period 2 1.970 1942 1913 1.886 1.8591.8331.8081.783 | 1.759 1.736 1.6901.647 1.626 1.6051.566 1.528 Period 3 2.9412.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 2.402 2.322 2.283 2.246 2.174 2.106 Period 4 3.902 3.808 3.717 3.630 3.5463.465 3.3873.312 3.240 3.170 3.037 2.914 2.855 2.798 2.690 2.589 Period 5 4.8534.7134.580 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 5.793 5.6013.417 5.2425.0764.917 4.767 4.623 4.4864.355 4.111 3.8893.784 3.685 3.498 3.326 Period 7 6.728 6.472 6230 6.0025.786 5.582 5.389 5.206 5.033 4.8684.564 4.288 4.1604.0393.812 3.605 Period 8 7.652 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 4.9684.639 4487 4.3444,078 3.837 Period 9 8.566 8.16277867.435 7.108 6.802 6.515 6.2475.9955.759 5.328 4.946 | 4.772 4.607 4.3034.031 Period 10 9.4718.9838.530 8.111 7.722 7.360 7.0246.710 6.418 6.145 5.6505.216 5.019 | 4.833 4.494 4.192 Period 11 10.368 9.7879.2538.760 8.3067.887 7.499 7.139 6.805 6.495 5.938 5.4535.234 5.0294.656 4.327 Period 12 11.255 10.575 9.954 9.385 8.8638.384 7.943 7.5367.1616.814 6.1945.660 5.4215.197 4.793 4.439 Period 13 12.13411.348 10.6359.9869.3948.853 8.3587.9047.487 7.10364245.842 3.583 5.3424910 4,533 Period 1413.00412.106 11.296 10.563 9.899 9.295 8.745 8.244 7.7867.367 6,6286.0025.7245.4683.0084611 Period 15 13.865 12.849 11.93811.11810.380 9.712 9.1088.559 8.061 7.606 6.811 6.1425.8475.575 5.0924.675 Period 16 14.718 13.578 12.561 11.652 10.83810.1009.4478.851 8.313 7.8246.9746.2655.9545.669 5.1624.730 Period 17 (15.562 14 292 13.166 12.166|11.274|10.477 9.763 9.122 8.5448.022 7.1206.373 6.047 5.749 5.222 4.775 Period 18 16.398 14.992 13.75412.659 11.690 10.828 10.059 9.3728.756 8.2017.250 6.467 6.128 5.818 5.273 4.812 Period 19 17.226 15.678 14.32413.134|12.08511.15810.336 9.604 8.950 8.3657.3666.3506.1985.877 5.316 4.844 Period 20 18.04616.35114.877 13.590 12 462 11.470 10.594 9.818 9.129 8.5147.4696.623 6.259 5.9295.353 4.870 1 Reference Period 11 10.3689.7879.253 8.760 8.3067.8877.499 7.139 6.8056.495 59385.4535.2345,029 4.656 4.327 Period 12.11.255 10.575 9.954 9.385 8.8638.384 7.943 7.536 7.161 6,814 6.1945.660 5.421 5.1974.793 4.439 Period 13 12.134 11.348 10.635 9.986 9.3948.853 8.358 7.904 7.487 7.103 6.424 5.8425.583 5.3424.910 4.533 Period 14 13.004 12.106.11.296 10.563 9.899 9.295 8.745 8.2447.786 7.367 6.628 6.0025.724 5:468 5.008 4.611 Period 15 13.865 12.849 11.93811.118 10.380 9.712 9.108 8.5598.0617.606 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 8.851 8.313 7.8246.9746.265 5.9545.6695.1624.730 Period 17 (15.562 14.292 13.166 12.166 11.27410,477 9.763 9.122 8.544 8.022 7.1206.373 6.047 5.749 5.222 4.775 Period 18 16,398 14.992 13.75412.65911.690|10.828 10.059 9.372 8.756 8.2017.250 6.467 | 6.128 5.818 5.273 4.812 Period 19 17.226 15.678 14.324 13.134|12.085.11.15810.336 9.604 8.950 8.3657.366 6.550 6.1985.87753164.844 Period 20 18.046 16.35114.877 13.590|12.462 11.470 10.594 9.818 9.129 8.5147.469 6,623 6.259 5.929 5.353 4.870 Period 21 18.857 17.01115.415 14.029 12.821 11.764 10.836 10.017 9.292 8.6497.562 6,687 6.3125.973 5.384 4.891 Period 22 19.660 17.658 15.937 14.451 13.163 12.042 11.061 10.2019.442 8.772 7.645 6.7436.3596.011 5.410 4.909 Period 23 20.456 18.292 16444 14.857 13.48912.303 11.27210.3711 9.580 | 8.8837.718 6.7926,399 6.044 5.432 4.925 Period 24 21.243 18.914 16.936 15,247 13.79912.550 11.469 10.529 9.707 8.985 7.7846,835 6.4346.0735.451 4.937 Period 25 22.023 19.523 17.41315.622 14.094 12.783 11.654 10.675 9.8239.077 7.8436.873 6.4646,097 5.467 4.948 Period 26 22.795 20.12117.877 15.983 14.375 13.003 11.826 10.810 9.929 9.1617.8966,906 6.491 6,118 5.480 4,956 Period 27 23.560 20.707 18.327 16,33014,643 13.211 11.987 10,93510,027 9.237 7.9436.935 6.514 6.1365.492 4.964 Period 28 24.31621.28118.764 16,66314.898/13.404 12.13711.05110,116 9.3077.984 6,9616.5346.152 5.5024.970 Period 29 25.066 21.844 19.188 16.984|15.14113.591 12.27811.158/10.1989.370 8.022 6.983 6.551 6.1665.510 4.975 Period 30 25.80822.39619,600 17.292|15.372 13.763 12.409 11.25810.274 9,427 8.055 7.003 6,566 6.1775.517 4.979 Period 40 32.835 27355|23.115 19.79317.159 15.044 13.332 11.92510.7571 9.7798.244 7.1056,642 6.2335,548 4.997 Period 50 39.196 31.424 25.730 21.48218.25615.762 13.801 12.233 10.962 9.915 8.304 7.133 6.6616.2465.5544.999 - Reference Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Future Value of Ordinary Annuity of S1 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.010 2020 2030 2040 2050 2.060 2.070 2.080 2.090 2.100 2.120 2.140 2.150 3.0303.060 3.091 3.1223.153 3.1843.215 3.246 3.278 3.310 3.374 3.440 3.473 4.060 4.122 4.1844.2464.310 4.375 4.440 4.5064.573 4.641 4.779 4.9214.993 5.101 5.2045.309 5.416 5.526 5.637 5.751 | 5,8675.985 6.105 6.353 6.610 6.742 6.152 6.308 6.4686,633 6.802 6.975 | 7.1537.336 | 7.523 7.7168.115 8.536 8.754 7.214 7.434 7.6627.8988.142 8.394 8.654 8.9239.2009.487 10.09 10.73 11.07 8.286 8.5838.8929.214 9.549 9.897 10.260 10.6411.03 11.44 12.30 13.23 13.73 9.369 9.755 10.16 10.58 11.03 11.49 11.98 12.49 13.02 13.5814.78 16.09 16.79 10.46 10.95 11.46 12.01 12.58 13.18 13.82 14.49 15.1915.94 | 17.55 | 19.34 20.30 11.57 12.17 12.8113.49 14.21 14.97 15.78 16.65 17.56 18.53 20.65 23,0424.35 12.68 13.4114.1915.03 15.92 16.87 17.8918.98 20.14 21.38 24.13 27.2729.00 13.81 14.68 15.62 16.63 17.7118.88 20.14 21.50 22.95 24.52 28.03 32.09 34.35 14.95 15.97 17.0918.29 19.60 21.02 22.55 24.21 26.02 27.98 32.39 37.58 40.50 16.10 17.29 18.60 20.02 21.58 23.28 25.13 27.15 29.3631.77 37.28 43.84 47.58 17.2618.64 20.16 21.8223.66 25.67 27.89 30.32 | 33.00 35.95 42.75 50.98 55.72 18.43 20.01 21.7623.70 25.84 28.21 30.84 33.75 36.97 40.54 48.88 59.12 | 65.08 19.61 21.41 23.41 25.6528.13 30.9134.00 37.4541.30 45.60 55.75 | 68.39 75.84 20.81 22.8425.12 27.67 30.54 33.76 37.38 41.45 46.02 51.16 63.44 78.97 | 88.21 24 212687129.7833.07 36.79 1 41.00 145.76 51.16 57.28 72.05 91.02 102.4 Period 16 Period 17 Period 18 Period 19 laula Reference Period 11 11.57|12.17 12.81|13.49 74.21 14.97 15.78 1665717.5678.33 20.65 23.04 24.35 Period 12 12.68 13.4114.1915.03 15.92 | 16.87 17.89 18.98 20.14 21.3824.13 27.2729.00 Period 13 13.81 14.68 15.6216.63 17.7118.88 20.14 21.50 22.95 24.52 28.03 32.09 34.35 Period 14 14.95 | 15.97 17.0918.29 | 19.60 | 21.02 22.55 24.21 26.02 27.98 32.39 37.58 40.50 Period 15 16.10 17.29 18.60 20.02 21.58 23.28 25.13 27.15 29.3631.77 37.28 43.8447.58 Period 16 17.26 18.64 20.16 21.82 23.66 25.67 27.89 30.32 33.00 35.95 42.75 50.98 55.72 Period 17 18,43 20.0121.7623.7025.84 28.21 30.84 33.75 36.97 40.54 48.8859.12 65.08 Period 18 19.61 21.4123.41 25.6528.13 30.91 34.00 37.4541.30 45.60 55.75 | 68.39 75.84 Period 19 20.81 22.8425.12 27.67 30.54 33.76 37.3841.45 | 46.02 51.16 63.44 78.97 88.21 Period 20 22.02 24.30 26,8729.7833.07 36.79 41.00 45.7651.1657.28 72.05 | 91.02 102.4 Period 21 23.2425.7828.68 31.9735.72 39.99 | 44.87 50.4256.76 64.00 81.70 104.8 118.8 Period 22 24.47 27.30 30.5434.25 38.51 43.39 | 49.01 55.4662.87 71.40 92.50 120.4 137.6 Period 23 25.72 28.85 32.45 36.62 41.43 | 47.00 53.44 | 60.89 | 69.53 79.54 104.6138.3 159.3 Period 24 26.97 30.4234.4339.08 44.50 50.82 58.18 66.76 | 76,79 88.50 118.2 158.7184.2 Period 25 28.24 32.03 36.46|41.65 47.73 54.86 63.25 73.11 84.70 98.35 133.3181.9212.8 Period 26 29.53 33.6738.5544.3151.159.16 68.68 79.95 | 93.32 109.2 150.3 208.3245.7 Period 27 30.82 35.3440.71 47.08 54.67 | 63.7174.48 87.35 102.7 121.1 169.4238,5 283.6 Period 28 32.13 37.05 42.93 49.97 38.40 68.5380.70 95.34 113.0 134.2 190.7 272.9 327.1 Period 29 33.45 38.79 45.2252.97 62.32 | 73.6487.35 104.0 124.1 | 148.6 214,6 312.1377.2 Period 30 34.78 40.57 47.5856.08 66.44 79.06 94.46 113.3 136,3 164.5 241.3 356.8 434.7 Period 40 48,8960.40 75.40 95.03 120.8 154,8 199.6 259.1 337.9442.6767.1|1,3421.779 Period 50 64.46 84.58 112.8 152.7209.3 290.3 406.5 573.8 815.11.1642,400 4,9957,218 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 10% 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

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