It is a four part question

Homework: ACC-260 Topic 6 Assignment Question 3, E26-23 (similar to) HW Score: 40%, 40 of 100 points Part 1 of 4 Points: 0 of 20 Save Congratulations! You have won a state lottery. The state lottery offers you the following (after-tax) payout options: X (Click the icon to view the payout options.) Data table (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.) Option #1: $13,000,000 after five years Option #2: $2,250,000 per year for five years Assuming you can earn 10% on your funds, which option would you prefer? Option #3: $11,000,000 after three years The present value of the payout is: (Round your answers to the nearest whole dollar.) Print Done Present value of the payout, Option #1: - X Reference Reference Present Value of $1 Future Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 140 Period 1 0.990 0 980 0.971 0 962 0.952 0.943 0.935 0.926 0.917 0 909 0893 0.877 0870 0.862 0847 Period 1 1.010 1.020 1.030 1 040 1.050 1.060 1.070 1.080 1.090 1.100 1.120 1.14 Period 2 0 980 0 961 0.943 0.925 0907 0.890 0.873 0.857 0.842 0 826 0.797 0.769 0756 0743 0718 Period 2 1.020 1.040 1 061 1.082 1 103 1.124 1.145 1.166 1 188 1.210 1.254 1.30 Period 3 0.971 0 942 0.915 0.889 0.864 0.840 0.816 0.794 0772 0751 0712 0.675 0.658 0.641 0.609 Period 3 1.030 1.061 1.093 1.125 1.158 1.191 1.225 1.260 1 295 1.331 1.405 1.48 Period 4 0.961 0.924 0 888 0.855 0.823 0.792 0.763 0.735 0708 0 683 0.636 0.592 0.572 0.552 0.516 Period 4 1 041 1.082 1.126 1.170 1.216 1.262 1.311 1.360 1412 1.464 1574 1.68 Period 5 0.951 0 906 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0567 0519 0.497 0:476 0:437 Period 5 1.051 1 104 1.159 1.217 1.276 1.338 1403 1469 1.539 1611 1.762 1.92 Period 6 0 942 0 888 0 837 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.507 0:456 0.432 0410 0.370 Period 6 1.062 1.126 1.194 1.265 1.340 1419 1.501 1.587 1.677 1.772 1.974 2.19 Period 7 0 933 0871 0813 0.760 0.711 0.665 0.623 0.583 0.547 0:513 0 452 0.400 0.376 0.354 0.314 Period 7 1.072 1.149 1.230 1.316 1.407 1.504 1 606 1.714 1.828 1.949 2 211 2.50 Period 8 0 923 0 853 0789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0 404 0351 0.327 0.305 0266 Period 8 1.083 1.172 1.267 1.369 1.477 1 594 1.718 1 851 1.993 2144 2476 2.86 Period 9 0 914 0 837 0.766 0.703 0.645 0.592 0.544 0.500 0460 0.424 0.361 0:308 0.284 0.263 0225 Period 9 1.094 1.195 1.305 1 423 1.551 1.689 1.838 1.999 2172 2.358 2773 3.25 Period 10 0.905 0 820 0.744 0.676 0.614 0.558 0.508 0.463 0:422 0.386 0.322 0270 0 247 0:227 0.191 Period 10 1 105 1 219 1 344 1480 1.629 1.791 1.967 2159 2.367 2.594 3.106 370 8:28 P 77OF Q Search 9/6/20 Clear