Question: please help woth answering a. b c. Listed below are three lottery payout opbons. [Cick the icon to view the losery payout opsions.) Raither than





Listed below are three lottery payout opbons. [Cick the icon to view the losery payout opsions.) Raither than compare the payout opbons at their present values, compare the paycut optcons at their fiare value ten years from now. a. Using an B\% interest rate, what is the tuture value of each payout opton? b. Rank your proterence of payout options. c. Does computing the futurv valus father than the present value of the options change yout preference of paybut cotions? Explain (Click the icon to view the future value factar table.) (Click the icon to vew the future value annuly tactor table) (Cick the icon to viow the present value factor tablo) [Click the icon to vew the present volve annity toctor tabley) a. Using an a\% interest tate, what is the future value of each payout ophon? Compule the future value of oach payout option (Round your anwers to the nearest whole dollar) b. Ranik your greterence among payout options: c. Does compiting ite Auture valum rather than the present value of ine options thange your proference betwen peyout cotiona? fiptan. We can mave a valid comparison between the payout options as king is we convert each payment colon to as value Data table Reference
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