You won the lottery and have a couple of choices as to how to take...
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You won the lottery and have a couple of choices as to how to take the money which choice yech a greater present value? Present Value of $1 Periods 5 5. 0.823 0.7844 0.746 0.711 0.677 0645 8% 0.792 0.47 0.700 0.005 027 0.5 es 0.735 1 0.6 0583 0.540 0.600 10% 0.683 0.621 0564 0513 0.467 0.424 7 Ek Present Value of 1 Periods es 104 son son OA $7,000 a year end of each of young a discountain OB. 560,000 Oump sumunowing any discount OG 185.000 mp sum) yes from now using % discount OD $53,500 mp sum) new winga 6% discount rate 64 0.513 1./40 0.711 0677 0645 1.700 0.665 0.627 0.542 0.583 0540 0.500 0.467 0424 10% 3.170 3.700 Present Value of Anity of 51 Periods 64 3.546 5 4329 6 5.076 5.786 6.463 7.106 6% 3465 4.212 4917 5.582 6.210 6.802 0% 3.312 3.993 4623 5.200 5.747 4355 4 5.335 5.750 OA $7,000 a year at the end of each of the next yang diserte OB. 580,000 (ump sum 7 years from now using discount OC $85.000 mp 7 years from now using a discours de OD. $53.100 sumowusing discount
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