please help with these three all on same page. PLEASE MAKE SURE ANSWERS ARENT CUT OFF! please help

9-20

9-21

9-23

Points: 0 of 1 Save Roberts Hardware is adding a new product line that will require an investment of $1,512,000 Managers estimate that this investment will have a 10-year life and generate net cash infows of $330,000 the first year, $270,000 the second year, and $250,000 each year thereafter for eight years, Compute the payback period. Round to one decimal place The payback in years Robins Hardware is adding a new product line that will require an investment of S1,454,000. Managers estimate that this investment will have a 10-year de and generato net cash inflows of $320.000 the first year, $300,000 the second year, and $230,000 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 line. (Round ARR to the nnarost hundredth percent (two decimal places XXX ARR X The present value of the payout is: (Round your answers to the nearest whole dollar.) 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 numerale.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 # X Data table Option #1: $15,000,000 after five years Option #2: $2,050,000 per year for five years Option #3: $13,000,000 after three years - X Reference Present Value of SI Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 10.990 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 0.9070.890 0.873 0.8570.8420.826 0.797 0.769 0.756 0.7430.7180.694 Period 3 0.9710.942 0.915 0.889 0.864 0.840 0.816 0.7940.772 0.751 0.712 0.675 0.658 0.641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.8230.792 0.763 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0.516 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 60.942 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 0.8710.813 0.7600.7110.665 0.623 0.583 0.547 0.513 0.452 0.400 0.376 0.354 0.314 0.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.5820.540 0.502 0.467 0.4040.351 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 0.90 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.422 0,3860.322 0.270 0.247 0.227 0.1910.162 Period 110,896 0.8040.722 0.650 0.585 0.527 0.475 0.429 0.388 0.350 0.287 0.237 0.215 0.1950.162 0.135 Perid 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 13 0.879 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 14 |0.870 0.7580.661 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 0.55 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 0.7280.623 0.534 0,458 0.394 0.3390.292 0.252 0.218 0.163 0.123 0.1070.093 0.071 0.054 Period 170.844 0.7140.605 0.513 0.436 0.371 0.31% 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 0.4160.350 0.296 0.250 0.212 0.1800.130 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 0.194 0.164 0.116 0.083 0.070 0.060 0.043 0.031 Period 200.820 0.673 0.3540.456 0.377 0.312 0.258 0.215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 Reference Period 11 0.896 0.804 0.722 10.650 0.585 0.5270,475 0.429 0.388 10.350 0.287 T0.237 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 0.1680.1370.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.4690.415 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 0.160 0.141 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 0.108 0.084 0.065 Period 16 0.853 0.7280.623 0.534 0.4580.394 0.339 0.292 0.252 0.218 0.163 0.123 0.107 0.093 0.071 0.054 Period 17 0.844 0.714 0.605 0.5130.436 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 0.828 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 10.820 0.673 0.554 0.456 0.377 0.312 0.258 0.215 0.178 0.149 0.104 0,073 0.061 0.051 0.037 0.026 Period 21 0.811 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 0.803 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 0.1700.138 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 0.197 0.158 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 0.2200.172 0.135 0.106 0.084 0.053 0.033 0.026 0.021 0.014 0.009 Period 27 0.764 0.586 0.450 0.347 0.268 0.207 0.161 0.125 0.098 0.076 | 0.047 0.029 0.023 0.0180.0110.007 Period 28 0.757 0.5740.437 0.333 0.255 0.1960.150 0.116 0.090 0.069 0.042 0.026 0.0200.0160.010 | 0.006 Period 29 0.7490.563 0.424 0.321 0.243 0.185 0.141 0.107 0.082 0.063 0.037 0.022 0.01 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 0.020 0,015 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 0.013 0.009 0.003 0.001 0.001 0.001 Reference Future Value of $1 9% Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 1% 2% 3% 4% 5% 6% 7% 8% 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 1.1241.145 | 1.166 | 1.1881.210 1.254 1.300 1.323 1.030 1.061 1.093 1.125 1.158 1.191 1.225 1.260 1.295 1.331 1.405 1.4821.521 1.041 1.0821.126 | 1.170 | 1.216 1.2621.311 | 1.360 1.4121.464 1.574 1.689 1.749 1.051 1.104 1.159 | 1.217 1.276 1.338 1.403 1.469 1.539 1.611 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 1.9742.1952.313 1.072 1.149 1.2301.316 1.407 1.504 1.606 1.7141.828 1.949 2.211 2.502 2.660 1.083 1.1721.267 1.369 1.4771.594 1.718 1.851 1.993 2.144 2.476 2.853 3.059 1.094 1.195 1.305 1.423 1.551 1.689 1.838 1.999 2.1722.3582.773 3.2523.518 1.105 1.219 1.344 1.480 1.629 1.7911.967 2.159 2.3672.594 3.106 3.707 4.046 1.116 1.243 1.384 1.539 1.710 1.898 2.105 2.332 2.580 2.853 3.479 4.226 4.652 1.127 1.268 1.426 1.601 1.796 2.012 2.252 2.518 2.813 3.138 3.896 4.8185.350 1.138 1.294 1.469 1.665 1.886 2.133 2.410 2.720 3.066 3.452 4.363 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 1.801 2.079 2.397 2.759 3.1723.642 | 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 8.1379.358 1.184 1.400 1.653 1.948 2.292 2.693 3.159 3.700 4.3285.0546.866 9.276 10.76 1.1961.4281.702 2.0262.407 2.854 3.380 3.996 4.717 5.5607.690 10.58 12.38 1.208 1.457 1.754 2.107 2.527 3.026 3.6174.316 5.1426.116 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 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Reference Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 1.116 1.243 1.384 1.539 1.710 1.898 2.105 2.332 2.580 2.853 3.479 4.2264.652 1.127 1.268 1.426 1.601 1.796 2.012 2.252 2.518 2.813 3.138 3.896 4.818 5.350 1.138 1.294 1.469 1.665 1.886 2.1332.410 2.720 3.0663.452 4.363 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 1.801 2.079 2.3972.759 3.172 3.642 4.177 5.474 7.1388.137 1.173 1.373 1.605 1.873 2.183 2.540 2.952 3.426 3.970 4.595 6.130 8.1379.358 1.184 1.400 1.653 1.948 2.292 2.693 3.159 | 3.700 4.3285.054 6.866 9.276 10.76 1.1961.428 1.702 2.0262.407 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 3.617 4.316 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 1.232 1.5161.860 2.279 2.786 | 3.400 4.1415.034 6.1097.400 10.80 15.67 18.82 1.245 1.546 1.916 2.370 2.925 3.604 4.430 5.4376.659 8.140 | 12.10 17.86 21.64 1.257 1.5771.9742.465 3.0723.820 4.741 5.871 | 7.2588.954 13.55 20.36 24.89 1.270 1.608 2.033 2.563 3.225 4.049 5.072 6.341 7.911 9.850 15.18 23.2128.63 1.282 1.641 2.094 2.666 3.386 4.292 5.4276.848 (8.623 10.83 17.00 26.46 32.92 1.295 1.673 2.1572.772 3.556 4.549 5.8077.3969.399 11.92 19.04 30,17 37.86 1.308 1.707 2.221 2.883 3.733 4.822 6.214 7.988 10.25 13.11 21.32 34.3943.54 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 1.335 1.776 2.357 3.119 4.116 5.418 7.1149.317 12.17 15.86 26.75 44.69 57.58 1.348 1.811 2.427 3.243 4.3225.743 7.612 10.06 13.27 17.45 29.96 50.95 | 66.21 1.489 2.208 3.262 4.801 7.040 10.29 14.9721.72 31.4145.2693.05 188.9 267.9 1.645 2.692 4.384 7.107 11.47 18.42 29.46 46.9074.36 117.4289.0 700.21.084 Period 26 Period 27 Period 28 Period 29 Period 30 Period 40 Period 50 Reference Present Value of Ordinary Annuity of Si 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 1.970 1.942 1.913 1.886 1.859 1.833 1.8081.783 1.759 1.736 1.6901.647 1.626 1.605 1.566 1.528 Period 3 2.9412.884 2.8292.775 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 3.387 3.312 3.240 3.170 3.037 2.914 2.855 2.798 2.690 2.589 Period 5 4.853 4.713 4.580 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 5.795 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.4864.355 4.111 3.8893.784 3.685 3.498 3.326 Period 7 6.728 6.472 6.230 6.0025.786 5.582 5.389 5.206 5.033 4.8684.564 4.288 4.160 4.039 3.812 3.605 Period 8 7.652 7.325 7.020 6.733 6,4636.210 5.9715.7475.5355.335 4.968 4.6394.487 4.344 | 4.078 3.837 Period 9 8.566 8.1627.786 7.435 7.108 6.802 6,515 6.247 5.9955.759 5.328 4.946 4.7724.607 4.3034.031 Period 10 9.4718.983 8.530 8.1117.722 7.360 7.0246.710 6.418 6.145 5.6505.216 5,019 4.833 4.494 4.192 Period 11 10.368 9.787 9.2538.760 8.3067.887 7.499 7.139 6.805 6.495 5.938 5.453 5.234 5.029 4.656 4.327 Period 12 | 11.255 10.575 9.954 9.385 8.863 8.384 7.9437.5367.161 | 6.814 6.1945.660 5.421 5.1974.793 4.439 Period 13 12.13411.348 10.635 9.986 9.3948.853 8.3587.904 7.487 7.103 6.424 5.8425.583 5.3424.910 4.533 Period 14 13.004 12.106 11.29610.563 9.899 9.295 8.745 8.244 7.786 7.3676.6286.0025.724 5.468 5.0084.611 Period 15 13.865 12.849|11.93811.11810.3809.712 9.108 8.559 8.061 7.606 6,811 6.142 5.8475.575 5.092 4.675 Period 16 14.718 13.57812.561 11.652 10.838/10.106 9.447 8.851 8.313 7.8246.9746.2655.9545.669 5.1624.730 Period 17 15.562 14.292 13.166 12.166|11.27410.4771 9.763 9.122 8.5448.0227.120 | 6.373 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 5.2734.812 Period 19 17.226 15.678 14.32413.134 12.085|11.15810.336 9.604 8.950 8.365 7.3666,550 6.1985.8775.316 4.844 Period 20 18.046 16.351 14.877|13.59012.462 11.470 10.594 9.818 9.129 8.5147.469 6.623 6.259 5.9295.353 4.870 Reference Period 11 110.3689.7879.2538.760 8.3067.88717499 7.139 6.805 6.495 5938 5.4535.234 3.029 4.656 4.327 Period 12 11.255 10.575 9.9549.385 8.863 8.384 7.943 7.536 7.1616.814 6.1945.660 5.4215.197 | 4.793 4.439 Period 13 12.134 11.348 10.635 9.986 9.3948.853 8.3587.9047.487 7.103 6.4245.8425.583 5.3424.910 4.533 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.3676.628 6.0025.724 5.4683.008 4.611 Period 15 13.865 12.849 11.938 11.11810.380 9.712 9.108 8.559 8.0617.6066.811 6.142 5.8475.575 5.092 4.675 Period 16 14.718 13.578 12.561 11.652 10.838/10.106 9.4478.851 8.313 7.8246.9746.265 5.9545.669 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 13.754 12.659|11.690 10.828/10.059 9.3728.756 8.2017.250 6.467 6.128 5.818 5.2734.812 Period 19 17.226 15.678|14.32413.134|12.085|11.158 10.336 9.604 8.950 8.365 | 7.366 6.5506.1985.877 5.316 4,844 Period 20 18.046 16.351 14.877 13.590|12.462 11.470 10.594 9.818 9.129 8.5147.469 6.623 6.259 5.9295.353 4.870 Period 21 18.857 17.011 15.415 14.029|12.821 11.764 10.836 10.017 9.292 8.6497.562 6.687 6.3125.9735.384 4.891 Period 22 19.660 17.658|15.937|14.45113.163|12.042 11.061 10.2011 9.4428.772 | 7.645 6.7436.3596.0115.410 4.909 Period 23 20.45618.292 16.444 14.85713.489 12.303 11.272 10.371 9.5808.883 7.718 6.792 6,399 6.044 5.432 4.925 Period 24 21.243 18.914| 16.936 15.247 13.799 12.550 11.469 10.529 9.707 8.985 7.7846.835 6.4346.0735.451 4937 Period 25 22.02319,523 17.41315.622 14.09412.783 11.654 10.675 9.8239.077 7.8436.8736.464 6.097 5.467 4.948 Period 26 22.795 20.121|17.87715.983 14.375 13.00311.826 10.81019.929 9.1617.8966.906 6.491 6.118 5.480 4.956 Period 27 23.560 20.707 18.32716.330|14.643 13.211|11.987 10.935|10.027 9.237 7.9436.935 6.314 6.136 3.492 4.964 Period 28 24.3162128118.76416.663 14.898|13.400 12.137 11.0110.116 9.3077.9846.9616.534 6.1525.502 4.970 Period 29 25.066 21.844 19.188 16,984|15.141|13.591 12.2781115810.1989.370 8.022 6.983 6.351 6.1665.510 4.975 Period 30 25.808 22.396 19.600 17.292 15.372 13.765 12.409|11.25810.274 9.4278.055 7.003 6.566 6.1775.517 4.979 Period 40 32,835 27.355|23.115 19.793 17.159/15.044 13.332 11.925110.757 9.7798.244 7.1056,642 6.233 5.548 4.997 Period 50 39.196 31.42425.730 21.482 18.25615.762 13.801 12.233 10.962 9.915 8.304 7.133 6.661 | 6.246 5.5544.999 Reference Future Value of Ordinary Annuity of Si Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 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 Period 2 2.010 2.0202.030 2.040 2.050 2.060 2.070 2.080 2.090 2.100 2.120 2.140 2.150 Period 3 3.030 3.060 3.091 3.122 3.153 3.1843.215 3.246 3.278 3.310 3.3743.440 3.473 Period 4 4.060 4.122 4.184 | 4.246 4.310 4.375 4.440 4.5064.573 4.641 | 4.779 4.921 4.993 Period 5 5.101 5.204 5.309 5.416 5.526 5.6375.7515.8675.985 6.105 6.353 6.610 6.742 Period 6 6.152 6.308 6.468 6.633 6.802 6.975 7.1537.3367.523 7.7168.115 8.536 8.754 Period 7 7.214 7.4347.6627.8988.142 8.394 8.654 8.9239.2009.487 10.09 10.73 | 11.07 Period 8 8.286 8.5838.8929.2149.549 9.897 10.260 10.6411.03 | 11.44 12.30 13.23 13.73 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 Period 10 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 Period 11 11.57 12.17 12.8113.49 14.21 14.97 | 15.78 16.65 17.56 18.53 20.65 23.0424.35 Period 12 12.68 13.41 14.19 15.03 15.92 | 16.87 17.8918.98 20.14 21.3824.13 27.2729.00 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 Period 14 14.95 15.97 17.0918.2919.60 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 17.2618.64 20.16 21.8223.66 25.67 27.89 30.3233.00 35.95 42.75 / 50.98 55.72 Period 17 18.43 20.0121.7623.70 25.84 28.21 30.84 33.75 36.97 40.54 48.8859.12 | 65.08 Period 18 19.61 21.41 23.41 25.6528.13 30.9134.00 37.4541.30 45.60 55.75 68.39 75.84 Period 19 20.81 22.8425.12 27.67 30.54 33.76 37.38 41.45 46.02 51.16 63.4478.97 88.21 Period 20 22.02 | 24.30 26,87 29.78 33.07 36.7941.00 45.76 51.16 57.28 72.05 9102102.4 E Reference Period 11 11.57|12.17|12.81|13.49 14.21 14.97 15.78 16.65 17.56|18.53 20.65 23.04 24.35 Period 12 12.68 13.41 14.19 15.03 15.92 16.87 17.89 18.98 20.14 21.3824.13 27.2729.00 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 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 37.2843.84 47.58 Period 16 17.26 18.64 20.16 21.8223.66 25.67 27.89 30.3233.00 35.95 42.75 50.98 55.72 Period 17 18.43 20.0121.7623.70 25.84 28.21 30.84 33.75 36.97 40.54 | 48.88 59.12 65.08 Period 18 19.61 21.4123.41 25.6528.13 30.9134.00 37.4541.30 45.60 55.75 | 68.39 75.84 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 Period 20 22.02 24.30 26.87 29.7833.07 36.79 41.00 45.7651.16 57.28 72.05 91.02 102.4 Period 21 23.2425.7828.68 31.9735.72 39.99 44.87 50.42 56.76 64.00 | 81.70 104.8 | 118.8 Period 22 24.4727.30 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 53.4460.89 | 69.53 79.54 104.6 | 138.3 | 159.3 Period 24 26.97 30.42 34.4339.08 44.50 50.82 58.18 66.76 | 76.79 | 88.50 118.2158.7184.2 Period 25 28.24 32.03 36.46|41.65 47.73 54.86 63.25 73.11 84.70 98.35 133.3 181.9212.8 Period 26 29.53 33.6738.55 44.3151.11 59.16 | 68.6879.95 93.32 109.2 150.3208.3245.7 Period 27 30.82 35.3440.71 47.0854.67 | 63.71 74.48 87.35 102.7 121.1 169.4238.5 283.6 Period 28 32.13 37.05 42.93 49.97 58.40 68.53 80.70 95.34 113.0 134.2 190.7272.9 327.1 Period 29 33.45 38.79 45.22 52.97 62.32 73,6487.35 104.0 124.1 148.6 | 214,6 312.1377.2 Period 30 34.78 40.5747.5856.08 66.44 79.06 94.46 113.3136.3 164,5 241.3 356.8 434.7 Period 40 48.8960.40 75,40 95.03 | 120.8 154.8 199.6259.1 337.9442.6767.11,342 1,779 Period 50 64.46 84.58 112.8 152.7209.3 290,3 406,5573.8 815.11.164 2.400 4.995 7.218 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 12% on your funds, which option would you prefer