1. Is the present value always less than the future value? ( 5 points) 2. When a lottery price is offered as $10,000,000 but will pay out a series of $250,000 payments over forty years, is it really a $10,000,000 lottery prize? (5 points) 3. Fill in the present value for the following table a. Using the future value formula, FV=PV(1+rn= b. Using the time value of money keys or function from a calculator or spreadsheet. (10 points) 4. Future Value (with changing interest rates). Jose has $4,000 to invest for a two-year period. He is looking at four different investment choices. What will be the value of his investment at the end of two years for each of the following potential investments? a. bank CD at 4%. b. bond fund at 8%. cen mutual stock fund at 12%. d. ney venture stock at 24%. (10 points)