Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer all three options. thank you. Reference begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} hline & & & & Fut & re Valu & Ordi & ary An & uity

please answer all three options. thank you.
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Reference \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline & & & & Fut & re Valu & Ordi & ary An & uity of $ & & & & & \\ \hline Periods & 1% & 2% & 3% & 4% & 5% & 6% & 7% & 8% & 9% & 10% & 12% & 14% & 15% \\ \hline Period 1 & 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 \\ \hline Period 2 & 2.010 & 2.020 & 2.030 & 2.040 & 2.050 & 2.060 & 2.070 & 2.080 & 2.090 & 2.100 & 2.120 & 2.140 & 2.150 \\ \hline Period 3 & 3.030 & 3.060 & 3.091 & 3.122 & 3.153 & 3.184 & 3.215 & 3.246 & 3.278 & 3.310 & 3.374 & 3.440 & 3.473 \\ \hline Period 4 & 4.060 & 4.122 & 4.184 & 4.246 & 4.310 & 4.375 & 4.440 & 4.506 & 4.573 & 4.641 & 4.779 & 4.921 & 4.993 \\ \hline Period 5. & 5.101 & 5.204 & 5.309 & 5.416 & 5.526 & 5.637 & 5.751 & 5.867 & 5.985 & 6.105 & 6.353 & 6.610 & 6.742 \\ \hline Period 6 & 6.152 & 6.308 & 6.468 & 6.633 & 6.802 & 6.975 & 7.153 & 7.336 & 7.523 & 7.716 & 8.115 & 8.536 & 8.754t \\ \hline Period 7 & 7.214 & 7.434 & 7.662 & 7.898 & 8.142 & 8.394 & 8.654 & 8.923 & 9.200 & 9.487 & 10.09 & 10.73 & 11.07 \\ \hline Per & 8.286 & 8.583 & 8.892 & 9.214 & 9.549 & 9.897 & 10.260 & 10.64 & 11.03 & 11.44 & 12.30 & 13.23 & 13.73 \\ \hline Period 9 & 9.369 & 9.755 & 10.16 & 10.58 & 11.03 & 11.49 & 11.98 & 12.49 & 13.02 & 13.58 & 14.78 & 16.09 & 16.79 \\ \hline Period 10 & 10.46 & 10.95 & 11.46 & 12.01 & 12.58 & 13.18 & 13.82 & 14.49 & 15.19 & 15.94 & 17.55 & 19.34 & 20.30 \\ \hline 11 & 11.57 & 12.17 & 12.81 & 13.49 & 21 & 97 & 15.78 & 16.65 & 17.56 & 18.53 & 20.65 & 23.04 & 24.35 \\ \hline Period 12 & 12.68 & 13.41 & 14.19 & 15.03 & 15.92 & 16.87 & 17.89 & 18.98 & 20.14 & 21.38 & 24.13 & 27.27 & 29.00 \\ \hline Period 13 & 13.81 & 14.68 & 15.62 & 16.63 & 17.71 & 18.88 & 20.14 & 21.50 & 22.95 & 24.52 & 28.03 & 32.09 & 34.35 \\ \hline d 14 & 14.95 & 15.97 & 17.09 & 18.29 & 19.60 & 21.02 & 22.55 & 24.21 & 26.02 & 27.98 & 32.39 & 37.58 & 40.50 \\ \hline Per & 16.10 & 17.29 & 18.60 & 20.02 & 2158 & 23 & 13 & 27.15 & 29.36 & 31.77 & 37.28 & 43.84 & 47.58 \\ \hline Period 16 & 17.26 & 18.64 & 20.10 & 21.82 & 23.66 & 25.67 & 27.89 & 30.32 & 33.00 & 35.95 & 42.75 & 50.98 & 55.72 \\ \hline d 17 & 18.43 & 20.01 & 21.76 & 23.70 & 25.84 & 28.21 & 30.84 & 33.75 & 36.97 & 40.54 & 48.88 & 59,12 & 65.08 \\ \hline Period 18 & 19.61 & 21.41 & 23.41 & 25.65 & 28.13 & 30.91 & 34.00 & 37.45 & 41.30 & 45.60 & 55.75 & 68.39 & 75.84 \\ \hline Period 19 & 20.81 & 22.84 & 25.12 & 27.67 & 30.54 & 33.76 & 37.38 & 41.45 & 46.02 & 51.16 & 63.44 & 78.97 & 88.21 \\ \hline Period 20 & 22.02 & 24.30 & 26.87 & 29.78 & 33.07 & 36.79 & 41.00 & 45.76 & 51,16 & 57.28 & 72.05 & 91.02 & 102.4 \\ \hline 21 & 23.24 & 25.78 & 28.68 & 31.97 & 35.72 & 39.99 & 44.87 & 50.42 & 56.76 & 64.00 & 81.70 & 104.8 & 118.8 \\ \hline & 24.47 & 27.30 & 30.54 & 34.25 & 38.51 & 43.39. & 49.01 & 55.46 & 62.87 & 71.40 & 92.50 & 120.4 & 137.6 \\ \hline Period 23 & 25.72 & 28.85 & 32.45 & 36.62 & 41.43 & 47.00 & 53.44 & 60.89 & 69.53 & 79.54 & 104.6 & 138.3 & 159.3 \\ \hline \end{tabular} Future Value of $1 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 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.) Present value of the payout, Option #1 : Data table Reference

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

b. Why were these values considered important?

Answered: 1 week ago