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Please answer all three requirements (A,B,&C). Thanks! Listed below are three lottery payout options. (Click the icon to view the lottery payout options.) Rather than

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Please answer all three requirements (A,B,&C). Thanks!

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 ten 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. 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: i Data Table Option 1: Option 2: Option 3: $995,000 now $149,000 at the end of each year for the next ten years $1,750,000 ten years from now Print Done Done Future Value of $1 Periods 1% 20% 1.200 1.440 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 5% 1.050 1.103 1.158 1.216 1.276 6% 1.060 1.124 1.191 1.262 1.338 8% 1.080 1.166 1.260 1.360 1.469 10% 1.100 1.210 1.331 1.464 1.611 14% 1.140 1.300 1.482 1.689 1.925 16% 1.160 1.346 1.561 1.811 2.100 1.728 2.074 2.488 dn o von AWN 18% 1.180 1.392 1.643 1.939 2.288 2.700 3.185 3.759 4.435 5.234 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 1.265 1.316 1.369 1.423 1.480 1.340 1.407 1.477 1.551 1.629 1.419 1.504 1.594 1.689 1.791 1.587 1.714 1.851 1.999 2.159 12% 1.120 1.254 1.405 1.574 1.762 1.974 2.211 2.476 2.773 3.106 3.479 3.896 4.363 4.887 5.474 1.772 1.949 2.144 2.358 2.594 2.195 2.502 2.853 3.252 3.707 2.436 2.826 3.278 3.803 4.411 2.986 3.583 4.300 5.160 6.192 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 1.539 1.601 1.665 1.732 1.801 1.710 1.796 1.886 1.980 2.079 1.898 2.012 2.133 2.261 2.397 2.332 2.518 2.720 2.937 3.172 2.853 3.138 3.452 3.797 4.177 4.226 4.818 5.492 6.261 7.138 5.117 5.936 6.886 7.988 9.266 6.176 7.288 8.599 10.147 11.974 7.430 8.916 10.699 12.839 15.407 1.220 1.282 1.348 1.486 1.641 1.811 1.806 2.094 2.427 2.191 2.666 3.243 4.801 2.653 3.386 4.322 7.040 3.207 4.292 5.743 10.286 4.661 6.848 10.063 21.725 6.727 10.835 17.449 45.259 9.646 17.000 29.960 93.051 13.743 26.462 50.950 188.884 19.461 40.874 85.850 378.721 27.393 62.669 143.371 750.378 38.338 95.396 237.376 1,469.772 1.489 2.208 3.262 Present Value of $1 Periods 1% 0.990 0.980 0.971 0.961 0.951 2% 0.980 0.961 0.942 0.924 0.906 3% 0.971 0.943 0.915 0.888 0.863 0.837 0.813 0.789 0.766 0.744 4% 0.962 0.925 0.889 0.855 0.822 5% 0.952 0.907 0.864 0.823 0.784 6% 0.943 0.890 0.840 0.792 0.747 Ovo AWN 8% 0.926 0.857 0.794 0.735 0.681 10% 0.909 0.826 0.751 0.683 0.621 12% 0.893 0.797 0.712 0.636 0.567 14% 0.877 0.769 0.675 0.592 0.519 16% 0.862 0.743 0.641 0.552 0.476 18% 0.847 0.718 0.609 0.516 0.437 0.370 0.314 0.266 0.225 0.191 20% 0.833 0.694 0.579 0.482 0.402 0.942 0.933 0.923 0.914 0.905 0.888 0.871 0.853 0.837 0.820 0.790 0.760 0.731 0.703 0.676 0.746 0.711 0.677 0.645 0.614 0.705 0.665 0.627 0.592 0.558 0.630 0.583 0.540 0.500 0.463 0.564 0.513 0.467 0.424 0.386 0.507 0.452 0.404 0.361 0.322 0.456 0.400 0.351 0.308 0.270 0.410 0.354 0.305 0.263 0.227 0.335 0.279 0.233 0.194 0.162 0.135 0.112 0.093 0.078 0.065 12 15 0.896 0.887 0.879 0.870 0.861 0.820 0.780 0.742 0.672 0.804 0.788 0.773 0.758 0.743 0.673 0.610 0.552 0.453 0.722 0.701 0.681 0.661 0.642 0.554 0.478 0.412 0.307 0.650 0.625 0.601 0.577 0.555 0.456 0.375 0.308 0.208 0.585 0.557 0.530 0.505 0.481 0.377 0.295 0.231 0.142 0.527 0.497 0.469 0.442 0.417 0.312 0.233 0.174 0.097 0.429 0.397 0.368 0.340 0.315 0.215 0.146 0.099 0.046 0.350 | 0.319 0.290 0.263 0.239 0.149 0.092 0.057 0.022 0.287 0.237 0.257 0.208 0.229 0.182 0.205 0.160 0.183 0.140 0.104 0.073 0.059 0.038 0.033 0.020 0.0110.005 0.195 0.168 0.145 0.125 0.108 0.051 0.024 0.012 0.003 0.162 0.137 0.116 0.099 0.084 0.037 0.016 0.007 0.001 0.026 0.010 0.004 0.001 40 Future Value of Annuity of $1 Periods 5% 20% 3% 1.000 1.000 1% 1.000 2.010 3.030 4.060 5.101 2.200 2% 1.000 2.020 3.060 4.122 5.204 2.030 3.091 4.184 5.309 4% 1.000 2.040 3.122 4.246 5.416 1.000 2.050 3.153 4.310 5.526 6% 1.000 2.060 3.184 4.375 5.637 8% 1.000 2.080 3.246 4.506 5.867 10% 1.000 2.100 3.310 4.641 6.105 12% 1.000 2.120 3.374 4.779 6.353 18% 1.000 2.180 3.572 5.215 14% 1.000 2.140 3.440 4.921 6.610 8.536 10.730 13.233 16.085 19.337 16% 1.000 2.160 3.506 5.066 6.877 7.154 6.152 7.214 8.286 9.369 10.462 6.308 7.434 8.583 9.755 10.950 6.468 7.662 8.892 10.159 11.464 6.633 7.898 9.214 10.583 12.006 6.802 8.142 9.549 11.027 12.578 6.975 8.394 9.897 11.491 13.181 7.336 8.923 10.637 12.488 14.487 7.716 9.487 11.436 13.579 15.937 8.115 10.089 12.300 14.776 17.549 8.977 11.414 14.240 17,519 21.321 9.442 12.142 15.327 19.086 23.521 3.640 5.368 7.442 9.930 12.916 16.499 20.799 25.959 11.567 12.683 13.809 14.947 16.097 22.019 28.243 34.785 48.886 12.169 13.412 14.680 15.974 17.293 12.808 14.192 15.618 17.086 18.599 13.486 15.026 16.627 18.292 20.024 14.207 15.917 17.713 19.599 21.579 14.972 16.870 18.882 21.015 23.276 16.645 18.977 21.495 24.215 27.152 45.762 73.106 113.283 259.057 18.531 21.384 24.523 27.975 31.772 20.655 24.133 28.029 32.393 37.280 23.045 27.271 32.089 37.581 43.842 25.733 30.850 36.786 43.672 51.660 28.755 34.931 42.219 50.818 60.965 32.150 39.581 48.497 59.196 72.035 24.297 32.030 40.568 60.402 26.870 36.459 47.575 75.401 29.778 33.066 41.646 47.727 56.085 66.439 95.026120.800 36.786 54.865 79.058 154.762 57.275 98.347 164.494 442.593 72.052 133.334 241.333 767.091 91.025 181.871 356.787 1,342.025 115.380 249.214 530.312 2,360.757 146.628 186.688 342.603 471.981 790.948 | 1,181.882 4,163.213 7,343.858 Present Value of Annuity of $1 | Periods| 1% | 2% 3% 4% 5% 6% | 8% 10% | 12% 114% 16%] 18% | 20% | 0.990 0.980 | 0.971 1 0.962 | 0.952 | 0.943 | 0.926 | 0.909 | 10.8931 0.8771 0.862 10.847 10.833 1.970 1.942 1.913 1.886 1.859 1.833 | 1783 1.736 1.690 1.647 1.605 1.566 | 1.528 | 2.941] 2.884 | 2.829 | 2.775 | 2.723 | 2.673 | 2.577 | 2.487] 2.402 | 2.322 | 2.246 | 2.174 | 2.106 3.902 3.808 3.717 3.630 3.546 3.465 3.312 3.170 3.037 2.914 2.798 2.690 2.589 4.853 4.713 4.580 4.452 4.329 4.212 3.993 3.791 3.605 3.433 3.274 3.127 2.991 5.795 5.601 15.417 5.242 15.076 4.917 4.623 4.355 4.111 3.889 3.685 3.498 3.326 6.728 6.472 6.230 6.002 5.786 5.582 5.206 4.868 4.564 4.288 4.039 | 3.812 3.605 7.652 7.325 7.020 6.733 6.463 6.210 5.747 5.335 4.968 4.639 4.344 4.078 3.837 8.566 8.162 7.786 7.435 17.108 6.802 6.247 15.759 5.328 4.946 4.607 4.303 4.031 9.471 18.983 18.530 18.111 7.722 7.360 6.710 6.145 5.650 5.216 4.833 4.494 4.192 10.368 19.787 19.253 8.760 8.306 7.887 7.139 6.495 5.938 5.453 5.029 4.656 4.327 11.255 | 10.57519.954 | 19.385 8.863 8.384 7.536 6.814 6.194 5.660 5.197 4.793 4.439 12.134 | 11.348 10.635 | 9.986 9.394 8.853 7.904 7.103 6.424 5.842 5.342 4.910 4.533 13.004 | 12.106 | 11.296 | 10.563|| 9.899 9.295 8.244 7.367 6.628 6.002 5.468 5.008 4.611 | 13.865| 12.849 | 11.938| 1.118 | 10.380 | 9.712 | 8.559 | 7.606 | 16.811 16.142 5.575 15.092 4.675 18.046| 16.351114.877 | 13.590 | 12.462 | 11.470] 9.818 | 8.514 7.469 6.623 5.929 5.353 4.870 22.023 | 19.523 | 17.413] 15.622 | 14.094 | 12.783| 10.675 9.077 7.843 6.873 6.097 5.467 4.948 25.808122.396| 19.600 | 17.292| 15.3721 13.7651 11.258 19.427 8.055 | 7.003 6.177 5.517 14.979 | 32.835 | 27.355 | 23.115| 19.793 | 17.159 | 15.046| 11.925 | 9.779 | 8.244 | 7.105 | 6.233 | 5.548 | 4.997 5 6789pm&BHB8%8

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