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1 14 A person has just retired. Her company's retirement program has two options to how mentenant the first option, she would receive a lump

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1 14 A person has just retired. Her company's retirement program has two options to how mentenant the first option, she would receive a lump sum of $157000 immediately she turnement benet. Under the secondo would receive $20,000 each year for 6 years plus a lump sum payment of $65.000 end of the year end Required: Calculate the present value for the following assuming that the money can be inwested at 12% 7.51 Complete this question by entering your answers in the tabs below. Requirement Calculate the present value for the following assuming that the money can be invested at 12%. Round your finanswer to the nearest whole dollar amount.) Option 1 Option 2 Present value

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