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this is the question. please help me determine option #1, #2, and #3. Thank you! this is the information Congratulations! You have won a state

this is the question. please help me determine option #1, #2, and #3. Thank you! image text in transcribed
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Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: EE(Click the licon 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 te ion to view Future Val eof$1table.) (Click the icon to view Future Value of Ordinary Annuity of $1 table.) Assuming you can earn 6% 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: Data Table Option #1: $12,000,000 after five years Option #2 $2.250,000 per year for five years Option #3: $10,000,000 after three years Qu Print Done Q: L A: Se Enter any number in the edit fields and then click Check Answer Q. Co Clear All Check Answer MacBook Air esc F3 F5 F6 8 4 Present Value of $ 10.990 0.980 0.971 0.962 0952 0943 0.935 026 0.9170.909 0.893 0.877 0.870 2 |0980 | 0961 | 0943 | as25 | 0907 | 0800 | 0873 | 0857 | 0842 | 0826 | 0797 | 0789 | O756 0971 0942 09150889 0864 0840 0816 0794 0.772 0751 0712 0675 0.658 4 0.961 0924 0888 0855 0.823 0.792 0.763 0735 0.708 0.683 0636 0592 0.572 | 0961 | 0906 0.863 | 0822 | 0784 | 0747 | 0713 | 0681 | 0.660 | 0621 | 0.567 | 0.519 | 0497 6 0942 0.888 0.837 0790 0746 0705 0.666 0.630 0596 0.564 0.507 0456 0.432 70933 0871 0813 076 0.711 0665 0623 0583 0.547 0513 0452 0400 0.376 0923 0.853 0789 073 067727 0582 0540 0.502 0467 0404 0351 0327 9 0914 0837 0.766 0.703 0645 05820.544 0500 0460 0424 0.361 0308 0.284 0 .905 0820 074 0676 0614 0558 0508 0463 0422 0.386 0322 0270 0247 110.896 804 0722 0650 0585 0527 047529 38 0350 0287 0237 0215 12 0.887 0788 0.7 13 0879 0.773 0 14 0870 0758 0661 0S77 0.505 0442 088 0340 0299 0263 0.206 0.160 0.141 01 0625 0557 0497 0444 0397 0356 0319 0257 0208 0.187 0681 0601 0530 0.469 0415 0.368 326 0290 0229 0.182 0.1 1 4 0642055 0,481 0417 0362 0315 0275 0239 183 0140 12 16 0853 0728 0623 0458 034 0.339 022 0252 0218 0163 0123 0.107 17 084 0714 0605 0513 0436 0.371 0317 0270 0231 0.98 0.146 0.108 0093 18 0836 0700 0587 0494 0416 0350 0.296 0250 0212 0180 0.130 0095 0.081 19 0828 0686 0570 0475 0.396 0331 02770232 0.194 0.164 0.116 0083 0.070 20 0820 0673 0554 0456 0377 03228 0215 0.178 0.149 .104 0.073 0061 21 0.811 0660 0538 0439 39 0294 02420.199 0.164 0.135 0093 0.064 0.053 22 0.803 0647 0522 0.422 0342 0278 0226 0.184 0.150 0.123 0083 0056 0.046 23 0.796 0634 0507 0400.326 0262 0211 0.170 0.138 0.1120.074 0049 0040 24 0788 0622 0492 0310 0247 0197 0158 0126 0102 0066 0043 0035 25 0780 080 0478 0375 295 0233 0184 0146 011 0092 0059 038 0 26 0772 0598 0484 0361 0281 0220 0172 0135 0106 0084 003 0033 0026 27 0764 058 040 70286 12 767 029 0023 PrintDone MacBook Ai esc FI 103 125 000 00000 6 5 3 2 Future Value of $1 |Peri 1 1% | 2% l 3% | 4% l 5% | 6% 17% %19% 10% 12% 14% 115% | 1.010 1.020 1.030 1.040 1050 1.060 1070 1.080 100 1.100 .120 1.140 1150 2 1020 1.040 1.061 1082 1103 1124 1145 1.166 1.188 1210 1254 1300 1.323 3 1.030 1061 1093 1.125 1.158 1.191 1.225 1.260 1.295 1.331 1.405 1.482 1.521 4 1.041 1082 1.126 1.170 1216 1.262 1.311 1.360 1412 1464 1574 1.689 1.749 5 | 1051 | 1.104 | 1.159 | 1.217 | 1276 | 1338 | 1.403 | 1.469 | 1539 | 1.611 1.762 132s 2011 6 1062 1.126 1.194 1265 1340 1419 15011587 1677 1.772 1974 2.195 2.313 71.0721.149 1230 1.316 1407 .504 1.606 1714 1828 1949 2.211 2502 2660 8 1.083 1.172 1.267 1.369 1.477 1594 1.718 18511.993 2144 2476 2.853 3059 9 1094 1195 1.305 1.423 1.551 1689 1838 1.999 2.172 2.358 2.773 3.252 3518 10 1.105 1219 1344 1480 1629 1791 167 2159 2367 2594 3.106 3707 4046 11 1,.116 1243 1.384 1539 1.710 18 2105 2332 2580 2853 3479 4226 4652 12 1.127 1268 1426 1601 1.796 2012 2252 2518 2813 3138 3896 4818 5350 13 1.138 1294 1469 1665 1.886 2133 2410 2720 3.066 3452 4363 5.492 6.153 14 1149 1319 1513 1732 90 2261 2579 2937 3342 3798 4.887 62617076 15 1.161 1346558 01 2079 239 2759 3,172 3642 417 5474 7,138 8137 16 1.173 1.373 1605 1873 2183 2540 2952 3426 3.970 4595 6130 8.137 9358 17 1184 1400 653 1948 2292 2693 3.159 3700 4328 5.054 6866 9276 10.76 18 1.196 1428 1.702 2026 2.407 2854 380 3s4717 5.560 7690 10.58 12.38 19 | 1208 | 1457 | 1754 | 2107 | 2.527 | 3026 | 3617 | 4316 | 5142 6.116 | 8613 | 1206 | 1423 2004808 2191263 207 3870 4661 5604 6727 9646 374 6.37 211232 1516 10 279 2786 3400 1245 1.546 916 2370 2925 3604 4430 5437 6659 8.140 12.10 1786 21.64 4141 5.034 109 700 10.80 15.67 18.82 22 1 23 1257 1577 1.974 2465 3072 3820 4741 5871 7258 8.954 35 2036 24.89 24 1270 1608 2033 2563 3225 4.049 5072 6341 7119850 1.18 23.21 2863 25 1282 1641 2094 2666 386 422 5427 6848 8623 10.83 700 2646 32.92 26 1295 1673 2157 2772 356 9 5807 736 9399 1192 1904 30.17 37 86 27 | 1308 | 1707 | 2.221 | 2883 3.733 4822 | 6214 7988 | 10.25 13.11 21 34 301 ost Print Done MacBook Ai esc FI FS F6 2 3 Reference Present Value of Ordinary Annuity of $ 10990 090 0971 0.962 0952 0.943 0.935 0.926 0.917 0.909 0893 0877 0870 1970 1942 1913 1886 1859 1833 1808 1783 759 1736 1.690 1,647 1,626 32941 288 2829 2775 2723 2673 2624 2577 253 2487 2402 2.322 2283 4 | 3902 | 3808 | 3717 | 3630 | 3546 | 3466 | 3387 | 3312 | 3240 | 3.170 | 3037 2914 | 2855 $ 4853 4713 4580 44524329 412 00 398 3,890 3.791 3,605 3433 3352 6 | 5795 | 5601 | 5417 | 5242 | 5076 | 4917 | 4767 | 4623 | 4486 | 4355 4111 | 3889 1764 7 | 6728 | 6472 | 6230 | 6002 | 5786 | 5582 | 5389 | 5206 | 5.033 | 4868 | 4564 | 4288 | 4160 8 7652 7325 7020 6733 6.463 6210 5971 5747 5.535 5335 4968 4639 4.487 9 8566 8.162 7786 7.435710 6065156247 5.99 5759 5328 4946 4.772 10 9471 8.983 8530 8.111 7722 7360 7024 6710 6418 614 5650 5216 5019 11 | 10.368| 9.787 | 9253 | 8760 | 8306 | 7887 | 7499 | 7139 | 6805 6495 593 5453 524 12 | 11255| 10.575| 9.964 | 9.386 | 8863 | 8384 | 7943 | 7536 | 7161 | 6.814 | 6194 | 5.660 | 5.421 13 12.134 11.348 10.635 9.986 9.394 8853 8358 7.904 7.487 7.103 6424 5842 5.583 14 13004 12106 11.296 10563 9899 9.295 8.745 8.244 7.7867.367 6628 6.002 5.724 15 13865 12.849 11.938 11.118 10380 9.712 9.108 8559 8061 7.606 6.811 6.142 5847 16 | 14718| 13.578|12561|11652| 10838| 10106| 9447 | 8.851 8.313 | 7824 6.974 | 6265 | 5964 17 15562 14 292 13.166 12168 11274 10477 9.763 9.122 8544 8022 7.120 6.373 6047 18 16.398 14.992 13,754 12659 11690 10828 10059 9.3728756 8201 7250 6467 6.128 19 17226 15.678 14324 13.134 2085 11.158 10.336 9604 8950 8.365 7366 6.550 6.198 20 18.046 16.3 14877 3590 12462 11470 10.594 9818 9129 8514 7469 6623 6259 21 18857 17011 15415 14.029 12 821 11.784 10 836 10017 9292 8649 566312 22 19 660 17.658 15937 14451 13163 12042 11.061 10201 9442 8772 7645 6743 6359 20456 18.292 16444 14857 13489 12.303 11 272 10371 9580 8883 7718 6792 6399 24 21243 18.914 16936 15247 13.799 12550 11.469 10 529 9,707 8985 7784 6835 6434 5 22023 19 523 17 413 15,622 14094 12783 11.654 10675 9823 9077 7843 6873 6464 26 22795 20.121 17877 15983 14375 130011826 10810 9929 9161 7896 6906 6491 11.987 10.935 10 027 9237 7943 6935 6514 27 23 560 20.707 18.327 16.330 14.643 13211 1 Print Done MacBook A esc FI OD FA FS 45556 67778 8. 5% 360 9 13 Future Vakue of Ordinary Annuity of $1 Pends! 1% | 2% | 3% | 4% | 5% | 6% 17% | 8% 19%T10% | 12% | 14% | 15% 1.000 1000 1000 1.000t 1,000 1000 1.000 000 | 1001 1000 | 1.00 1000 | 1000 2 |2.010 | 2.020 | 2.030 | 2040 | 2.050 | 2060 | 2.070 | 2.060 | 2.090 | 2100 | 2120 | 2140 | 2150 33.0303.060 3091 3.122 3.153 3.184 3215 3246 3278 3.310 3.374 3.440 3.473 4 4.060 4.122 4184 4246 4.310 4375 4440 4.506 4573 4641 4.779 4.921 4.993 5 5.101 5204 5.309 5416 5526 5637 5.7515867 5985 6.105 6.353 6610 6.742 6 6.152 6308 6468 6.633 6.802 6.975 7.153 7.336 7.523 7.716 8.115 8536 8.754 7 | 7.214 | 7.434 | 7.662 | 7.898 | 8.142 | 6394 | 8.654 | 8923 | 9200 | 9.487 | 10.09 | 10.73 | 11.07 8 8286 8583 8.892 9214 9549 9.897 10.260 10.64 11.03 1144 12.30 1323 13.73 9 9369 9755 10.16 058 1103 1149 11.98 1249 13.02 13.58 14.78 1609 1679 10 1046 1095 1146 1201 12.58 1318 13.849 19 5417.55 1934 20.30 11 1157 1217 1281 349 1421 47 1578 665 1756 1853 2065 2304 2435 12 12.88 1341 4.19 1503 592 687 17.89 18.98 20.14 21.38 24.13 2727 29.00 13 13.81 1468 1562 16.63 7.71 8.88 20.14 21.50 22.95 24.52 28.03 3209 34.35 14 1495 15.97 1709 1829 960 2102 22552421 2602 2798 32.39 3758 40 50 15 80 729 1860 2002 2158 23.28 25.13 27.15 29.36 3177 3728 484 41 58 16 | 1726 | 1864 | 20.16 | 2182236625.67 | 27,89 | 30.32 | 3300 | 3595 427S | 5098 | 5572 17 1843 2001 2176 23.70 2584 2821 304 33.75 3697 4054 48.88 59.12 6508 18 | 19.61 | 2141 | 2341 | 2565 | 28.13 3091 34.00 | 3745 | 4130 4560 | 5575 | 6839 | 7584 202202 24.30 2687 2978 3307 379 41.00 4676 1.16 57.28 72.05 9102 1024 21 2324 2578 28 68 317 357294875042676 6400810 1048 1188 22 24.47 27 30 3054 34.25 3851 43.3 9.01 5546 6287 71.40 9250 1204 1376 23 26.72 28.85 3245 36 62 4143 47.00 5344 89 6953 7954 1046 138.3 1593 24 | 2697 | 30.42 | 3443 | 3908 | 4450 | 5082 | 5818 6676 7679 88.50 1182 1587 | 1842 2528.24 32.03 46 4185 47.73 5486 6325 7311 8470 98.35 133.3 181.9 2128 26 | 2953 | 3367 | 38.55 | 4431 | 5111 | 5916 | 6868 | 7995 | 9332 | 1092 | 1503 | 013 24 27 3082 35.34 401 47.08 5467 3.71 7448 8735 1027 21.1 1694 238.5 283.6 Print Done 3 MacBook Air esc F6 541 53 000 82 65 67 78 97 : 2 6 10 11 12 14 15 17 18 20 21 23 25 26 28 30 32 34 36 38 8 17 41 68 97 29 64 01 41 84 30 78 30 85 42 03 67 34 ne 12345 6789 10 12 13 15 17 18 21 22 24 25 27 28 30 32 33 35 02 24 24 22 23 24 25 26 28 52 10 11 12 13 17 12345 6789 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27

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