need options 1-3

and which option woulf be better after 3 years, 5 years, 7 years and 10 years

Congratulations! You have won a state lottery. The state lottery offers you the following (after tux) 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 S1 table) (Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annuity of S1 table) Assuming you can eam 10% 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 5 of 6 (4 complete) Reference Periods 1 2. 3 4 5 0961 6 8 Present Value of $1 1% 2 4% 5% 6% 75 9% 10% 12% 14% 15% 16% 18% 20% 0.990 090 0.971 0962 0.952 0.943 0935 0926 0917 0.909 0.893 0.877 0870 0.862 0.847 0833 0.980 0.961 0943 0925 0.907 0.890 0.873 OSST 0842 0826 0797 0.769 0.756 0743 0718 0.694 0971 0.942 0.915 0899 08640.840 0.816 0.794 0.772 0751 0.712 0.675 0.658 0541 0509 0579 0.961 0924 0.888 0.855 0.8230.792 0.763 0.735 0708 0.633 0535 0592 0572 0552 0515 0.482 0.900 0.863 0.822 0.74 0.747 0713 0681 0.650 0.521 0567 0.519 0.497 0.476 0.437 0.402 0942 0338 0.837 0790 07460705 05560630 0.596 0554 0507 0456 0432 0.410 0.370 0335 09330871 0.813 0.750 0711 0665 0.623 0.583 0.547 0513 0.452 0400 0376 0354 0.314 0.279 0922 0853 0.799 0.731 0.677 0.6270582 0540 0.502 0.657 0.404 0.351 0.327 0.305 0.266 0.233 0914 0.837 0766 0703 0545 0.592 0.544 0.500 0.460 0.424 0.361 0.308 0284 0253 0.225 0.194 0905 0820 0.744 0676 0514 0.558 0.500 0.463 0.422 0.336 0.322 0.270 0247 0.227 0.191 0.162 0896 0.804 0722 0650 05850527 0475 0429 0388 0.350 0287 0237 0215 0.196 0.162 0.135 0.887 0.70 0.701 0.625 05570.497 0.397 0.356 0.319 0.2570 200 0187 0.168 0.137 0.112 0.879 0.773 0681 0601 0.5300469 0415 0.3680320 0.2900 2290182 0163 0 145 0.115 0.093 0370 0.758 0.661 0577 0.505 0442 0388 0.3400290 0.2530 2050.160 0 141 0.125 0 099 0.078 08610743 0.542 0481 0.4170362 0315 0.275 0.239 0.183 0.140 0.123 0108 0.084 0.065 0.053 0.7280 623 0534 0.458 0394 0339 0252 0218 0.16 0.123 0107 0.093 0071 0844 0714 0.054 0.606 0513 0236 0371 0317 0270 0.231 0 190 0.146 0108 0.093 0080 0.0000045 10 11 12 13 14 15 18 17 nd Print Done op 6 8 9 R. F G HJ - Reference Future Value of $1 Periods 1 2 3 4 5 1% 1.010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1.082 1.104 3% 1.030 1.061 1.093 1.126 1.159 4% 1.040 1.082 1.125 1.170 1.217 1.265 1.316 1.369 1.423 1.480 5% 1.050 1.103 1.158 1.216 1.276 6% 1.060 1.124 1.191 1.262 1.338 7% 1.070 1.145 1.225 1.311 1.403 8% 1.080 1.166 1.260 1.360 1.469 9% 1.090 1.188 1.295 1.412 1.539 10% 1.100 1.210 1.331 1.464 1.611 12% 1.120 1.254 1.405 1.574 1.762 14% 1.140 1.300 1.482 1.689 1.925 15% 1.150 1.323 1.521 1.749 2011 2.313 2660 3.059 3.518 4.046 6 7 8 9 10 1.062 1.072 1.083 1.094 1.105 1.126 1.149 1.172 1.195 1.219 1.194 1.230 1.267 1.305 1.344 1.340 1.407 1.477 1.551 1.629 1.419 1.504 1.594 1.689 1.791 1.501 1.606 1.718 1.838 1.967 1.587 1.714 1.851 1.999 2.159 1.677 1.828 1.993 2. 172 2.367 1.772 1.949 2144 2.358 2.594 1.974 2.211 2.476 2.773 3.106 2. 195 2502 2853 3.252 3.707 11 12 13 14 15 1.116 1.127 1.138 1.149 1.161 1.243 1.268 1.294 1.319 1.346 1.384 1.426 1.469 1.513 1.558 1.606 1.653 1.539 1.601 1.665 1.732 1.801 1.710 1.796 1.886 1.980 2079 1.898 2012 2.133 2261 2.397 2.105 2252 2410 2579 2.759 2.952 3.159 2.332 2.518 2.720 2.937 3.172 2.580 2.813 3.066 3.342 3.642 2.853 3.138 3.452 3.798 4 177 3.479 3.896 4.363 4.887 5.474 4.226 4.818 5.492 6.261 7.138 4,652 5.350 6.153 7.076 8.137 16 17 1.173 1.184 1.373 1.400 1.873 1.948 2.183 2.292 2.540 2693 3.426 3.700 3.970 4.328 4.595 5.054 6.130 6 866 8.137 9.276 9.358 10.76 ick Print Done 5 of 6 (4 complete) - X i Reference Periods 1 2 3 4 5 12% 0.893 1.690 2.402 3.037 3.605 14% 0.877 1.647 2322 2914 3.433 3.889 4.288 4.639 4946 5.216 15% 0.870 1.626 2283 2855 3.352 16% 0.862 1.605 2246 2.798 3.274 18% 0.847 1.566 2.174 2690 3.127 20% 0.833 1.528 2106 2589 2.991 Present Value of Ordinary Annuity of $1 19 2% 3% 5% 6% 7% 8% 9% 10% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 1.970 1942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 2.941 2.884 2829 2.775 2723 2673 2624 2577 2531 2487 3.9023808 3.717 3.630 3.546 3.465 3.387 3312 3.240 3.170 4.853 4.713 4.580 4.452 4.329 4212 4.100 3.993 3.890 3.791 5.795 5.601 5.417 5.242 5.076 4917 4.767 4.623 4.486 4.355 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 7.652 7325 7.020 6.733 6.210 5.971 5.747 5.535 5.335 8.566 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 9471 8.983 8.530 8.111 7.722 7.360 7024 6.710 6.418 6.145 10.368 9.787 9 253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7536 7.161 6.814 12.134 11 348 10.6359.986 9.394 8853 8.358 7.904 7.487 7 103 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7357 13.865 12.849 11938 | 11.118 10 380 9.712 9.108 8.559 8061 7 606 14 718 13.578 12 561 11 652 10.838 10.1069 447 8.851 8.313 7.824 15.562 14 292 13.166 12.16611274104779.763 9.122 8.544 8 022 6 7 8 9 10 6.463 4. 111 4.564 4.968 5.328 5.650 3.784 4.160 4487 4.772 5.019 3.685 4.039 4344 4.607 4.833 3.498 3.812 4078 4.303 4.494 3.326 3.605 3.837 4.031 4 192 12 13 14 15 5.938 6.194 6 424 6.628 6.811 6.974 7.120 5.453 5.660 5.842 6.002 6.142 5.234 5.421 5.583 5.724 5.847 5.029 5.197 5.342 5.458 5.575 4.656 4.793 4910 5.008 5.092 4.327 4.439 4.533 4.611 4675 4730 4775 16 17 6.265 6.373 5.954 6.047 6.669 5749 5.162 5.222 Print Done 5 of 6 (4 complete) Reference - X able ble. Periods 1 2 cha 1% 1.000 2010 3.030 4060 5.101 GN 2% 1.000 2020 3.060 4.122 5.204 3% 1.000 2.030 3.091 4.184 5.309 Future Value of Ordinary Annuity of $1 4% 5% 6% 7% 8% 9% 1000 1.000 1.000 1.000 1.000 1.000 2040 2050 2050 2070 2080 2 090 3.122 3.153 3.184 3.215 3.246 3.278 4.246 4.310 4.375 4.440 4.506 4.573 5.416 5.526 5.637 5.751 5.857 5.985 10% 1.000 2100 3.310 4.641 6.105 12% 1.000 2120 3.374 4.779 6.353 14% 1.000 2140 3.440 4.921 6.610 15% 1.000 2150 3.473 4.993 6.742 rang 4 5 6 6.633 7716 7 8 9 10 6.152 7.214 8.286 9.369 10.46 6 308 7434 8.583 9.755 10.95 6.468 7.652 8.892 10.16 11.46 7.898 9.214 1058 12.01 6.802 8.142 9.549 11.03 12.58 6.975 8.394 9.897 11.49 13.18 7.153 8.654 10.260 11.98 13.82 7.336 8.923 10.64 12.49 14.49 7.523 9 200 11.03 13.02 15.19 9.487 11.44 13.58 15.94 8.115 10.09 12.30 14.78 17.55 8.536 10.73 13.23 16.09 19.34 23.04 27 27 32.09 37.58 4384 8.754 11.07 13.73 16.79 20.30 2436 29.00 34 35 40.50 47.58 11 12 13 14 15 11.57 1268 13.81 14.95 16.10 1217 13.41 1468 15.97 1729 12.81 14.19 15.62 17.09 18.60 13.49 15 03 16.63 18.29 20.02 21.82 23.70 1421 1497 15.92 16 87 17.71 18 88 19.60 21.02 21.58 23 28 23.66 2567 25 84 2821 15.78 16.65 17.89 18.98 20.14 2150 22 56 24 21 25.13 27.15 27.89 30.32 30.84 33.75 17.56 18.53 20.65 20.14 21 38 24.13 22.95 2452 28.03 26.02 27.98 3239 29 36 31.77 37 28 33.00 35.95 42.75 36.97 40.54 48.88 16 17 17.26 18.43 18.54 20.01 20.16 21.76 50.98 59.12 5572 65.08 en click Print Done Congratulations! You have won a state lottery. The state lottery offers you the following (after tux) 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 S1 table) (Click the icon to view Future Value of $1 table) (Click the icon to view Future Value of Ordinary Annuity of S1 table) Assuming you can eam 10% 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 5 of 6 (4 complete) Reference Periods 1 2. 3 4 5 0961 6 8 Present Value of $1 1% 2 4% 5% 6% 75 9% 10% 12% 14% 15% 16% 18% 20% 0.990 090 0.971 0962 0.952 0.943 0935 0926 0917 0.909 0.893 0.877 0870 0.862 0.847 0833 0.980 0.961 0943 0925 0.907 0.890 0.873 OSST 0842 0826 0797 0.769 0.756 0743 0718 0.694 0971 0.942 0.915 0899 08640.840 0.816 0.794 0.772 0751 0.712 0.675 0.658 0541 0509 0579 0.961 0924 0.888 0.855 0.8230.792 0.763 0.735 0708 0.633 0535 0592 0572 0552 0515 0.482 0.900 0.863 0.822 0.74 0.747 0713 0681 0.650 0.521 0567 0.519 0.497 0.476 0.437 0.402 0942 0338 0.837 0790 07460705 05560630 0.596 0554 0507 0456 0432 0.410 0.370 0335 09330871 0.813 0.750 0711 0665 0.623 0.583 0.547 0513 0.452 0400 0376 0354 0.314 0.279 0922 0853 0.799 0.731 0.677 0.6270582 0540 0.502 0.657 0.404 0.351 0.327 0.305 0.266 0.233 0914 0.837 0766 0703 0545 0.592 0.544 0.500 0.460 0.424 0.361 0.308 0284 0253 0.225 0.194 0905 0820 0.744 0676 0514 0.558 0.500 0.463 0.422 0.336 0.322 0.270 0247 0.227 0.191 0.162 0896 0.804 0722 0650 05850527 0475 0429 0388 0.350 0287 0237 0215 0.196 0.162 0.135 0.887 0.70 0.701 0.625 05570.497 0.397 0.356 0.319 0.2570 200 0187 0.168 0.137 0.112 0.879 0.773 0681 0601 0.5300469 0415 0.3680320 0.2900 2290182 0163 0 145 0.115 0.093 0370 0.758 0.661 0577 0.505 0442 0388 0.3400290 0.2530 2050.160 0 141 0.125 0 099 0.078 08610743 0.542 0481 0.4170362 0315 0.275 0.239 0.183 0.140 0.123 0108 0.084 0.065 0.053 0.7280 623 0534 0.458 0394 0339 0252 0218 0.16 0.123 0107 0.093 0071 0844 0714 0.054 0.606 0513 0236 0371 0317 0270 0.231 0 190 0.146 0108 0.093 0080 0.0000045 10 11 12 13 14 15 18 17 nd Print Done op 6 8 9 R. F G HJ - Reference Future Value of $1 Periods 1 2 3 4 5 1% 1.010 1.020 1.030 1.041 1.051 2% 1.020 1.040 1.061 1.082 1.104 3% 1.030 1.061 1.093 1.126 1.159 4% 1.040 1.082 1.125 1.170 1.217 1.265 1.316 1.369 1.423 1.480 5% 1.050 1.103 1.158 1.216 1.276 6% 1.060 1.124 1.191 1.262 1.338 7% 1.070 1.145 1.225 1.311 1.403 8% 1.080 1.166 1.260 1.360 1.469 9% 1.090 1.188 1.295 1.412 1.539 10% 1.100 1.210 1.331 1.464 1.611 12% 1.120 1.254 1.405 1.574 1.762 14% 1.140 1.300 1.482 1.689 1.925 15% 1.150 1.323 1.521 1.749 2011 2.313 2660 3.059 3.518 4.046 6 7 8 9 10 1.062 1.072 1.083 1.094 1.105 1.126 1.149 1.172 1.195 1.219 1.194 1.230 1.267 1.305 1.344 1.340 1.407 1.477 1.551 1.629 1.419 1.504 1.594 1.689 1.791 1.501 1.606 1.718 1.838 1.967 1.587 1.714 1.851 1.999 2.159 1.677 1.828 1.993 2. 172 2.367 1.772 1.949 2144 2.358 2.594 1.974 2.211 2.476 2.773 3.106 2. 195 2502 2853 3.252 3.707 11 12 13 14 15 1.116 1.127 1.138 1.149 1.161 1.243 1.268 1.294 1.319 1.346 1.384 1.426 1.469 1.513 1.558 1.606 1.653 1.539 1.601 1.665 1.732 1.801 1.710 1.796 1.886 1.980 2079 1.898 2012 2.133 2261 2.397 2.105 2252 2410 2579 2.759 2.952 3.159 2.332 2.518 2.720 2.937 3.172 2.580 2.813 3.066 3.342 3.642 2.853 3.138 3.452 3.798 4 177 3.479 3.896 4.363 4.887 5.474 4.226 4.818 5.492 6.261 7.138 4,652 5.350 6.153 7.076 8.137 16 17 1.173 1.184 1.373 1.400 1.873 1.948 2.183 2.292 2.540 2693 3.426 3.700 3.970 4.328 4.595 5.054 6.130 6 866 8.137 9.276 9.358 10.76 ick Print Done 5 of 6 (4 complete) - X i Reference Periods 1 2 3 4 5 12% 0.893 1.690 2.402 3.037 3.605 14% 0.877 1.647 2322 2914 3.433 3.889 4.288 4.639 4946 5.216 15% 0.870 1.626 2283 2855 3.352 16% 0.862 1.605 2246 2.798 3.274 18% 0.847 1.566 2.174 2690 3.127 20% 0.833 1.528 2106 2589 2.991 Present Value of Ordinary Annuity of $1 19 2% 3% 5% 6% 7% 8% 9% 10% 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 1.970 1942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 2.941 2.884 2829 2.775 2723 2673 2624 2577 2531 2487 3.9023808 3.717 3.630 3.546 3.465 3.387 3312 3.240 3.170 4.853 4.713 4.580 4.452 4.329 4212 4.100 3.993 3.890 3.791 5.795 5.601 5.417 5.242 5.076 4917 4.767 4.623 4.486 4.355 6.728 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 7.652 7325 7.020 6.733 6.210 5.971 5.747 5.535 5.335 8.566 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 9471 8.983 8.530 8.111 7.722 7.360 7024 6.710 6.418 6.145 10.368 9.787 9 253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 11.255 10.575 9.954 9.385 8.863 8.384 7.943 7536 7.161 6.814 12.134 11 348 10.6359.986 9.394 8853 8.358 7.904 7.487 7 103 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7357 13.865 12.849 11938 | 11.118 10 380 9.712 9.108 8.559 8061 7 606 14 718 13.578 12 561 11 652 10.838 10.1069 447 8.851 8.313 7.824 15.562 14 292 13.166 12.16611274104779.763 9.122 8.544 8 022 6 7 8 9 10 6.463 4. 111 4.564 4.968 5.328 5.650 3.784 4.160 4487 4.772 5.019 3.685 4.039 4344 4.607 4.833 3.498 3.812 4078 4.303 4.494 3.326 3.605 3.837 4.031 4 192 12 13 14 15 5.938 6.194 6 424 6.628 6.811 6.974 7.120 5.453 5.660 5.842 6.002 6.142 5.234 5.421 5.583 5.724 5.847 5.029 5.197 5.342 5.458 5.575 4.656 4.793 4910 5.008 5.092 4.327 4.439 4.533 4.611 4675 4730 4775 16 17 6.265 6.373 5.954 6.047 6.669 5749 5.162 5.222 Print Done 5 of 6 (4 complete) Reference - X able ble. Periods 1 2 cha 1% 1.000 2010 3.030 4060 5.101 GN 2% 1.000 2020 3.060 4.122 5.204 3% 1.000 2.030 3.091 4.184 5.309 Future Value of Ordinary Annuity of $1 4% 5% 6% 7% 8% 9% 1000 1.000 1.000 1.000 1.000 1.000 2040 2050 2050 2070 2080 2 090 3.122 3.153 3.184 3.215 3.246 3.278 4.246 4.310 4.375 4.440 4.506 4.573 5.416 5.526 5.637 5.751 5.857 5.985 10% 1.000 2100 3.310 4.641 6.105 12% 1.000 2120 3.374 4.779 6.353 14% 1.000 2140 3.440 4.921 6.610 15% 1.000 2150 3.473 4.993 6.742 rang 4 5 6 6.633 7716 7 8 9 10 6.152 7.214 8.286 9.369 10.46 6 308 7434 8.583 9.755 10.95 6.468 7.652 8.892 10.16 11.46 7.898 9.214 1058 12.01 6.802 8.142 9.549 11.03 12.58 6.975 8.394 9.897 11.49 13.18 7.153 8.654 10.260 11.98 13.82 7.336 8.923 10.64 12.49 14.49 7.523 9 200 11.03 13.02 15.19 9.487 11.44 13.58 15.94 8.115 10.09 12.30 14.78 17.55 8.536 10.73 13.23 16.09 19.34 23.04 27 27 32.09 37.58 4384 8.754 11.07 13.73 16.79 20.30 2436 29.00 34 35 40.50 47.58 11 12 13 14 15 11.57 1268 13.81 14.95 16.10 1217 13.41 1468 15.97 1729 12.81 14.19 15.62 17.09 18.60 13.49 15 03 16.63 18.29 20.02 21.82 23.70 1421 1497 15.92 16 87 17.71 18 88 19.60 21.02 21.58 23 28 23.66 2567 25 84 2821 15.78 16.65 17.89 18.98 20.14 2150 22 56 24 21 25.13 27.15 27.89 30.32 30.84 33.75 17.56 18.53 20.65 20.14 21 38 24.13 22.95 2452 28.03 26.02 27.98 3239 29 36 31.77 37 28 33.00 35.95 42.75 36.97 40.54 48.88 16 17 17.26 18.43 18.54 20.01 20.16 21.76 50.98 59.12 5572 65.08 en click Print Done