Lump Sum Estimate. You want an investment to have a value of 10 000 in 2 years. Many thousands of prestressed concrete structures were satisfactorily built using the approach.
A supplier being contracted under a lump sum agreement will be responsible for the proper job execution and will provide its own means and methods to complete the work. The total value of all payments is equivalent to 100 of the advertised jackpot. Multiply the present value factor by the annual payment.
This is also known as the cash option and is the more popular choice among jackpot winners.
Estimating the easy way. Choose from pensions that are for a single life joint and survivor or a life with 10 years certain. Therefore if the person took the lump sum he should receive 124 622. Multiply the present value factor by the annual payment.
