(3 30 100 If you want to have $20,000 four (4) yeas from now, how much money will you need to invest today at 8.6% annual return? Hint: Draw a Timeline for yourself $15,378 $16,378 $14,378 $13,378 07 31 110 You just got a job offer that will pay you a Bonus over the next three years. Option #A is a Bonus Payment of $5,000 one year from today in 2021, $4,000 a year later in 2022, and $3,000 a year later in 2023. Option #B is am Annuity of $4,000 each year beginning one year from today in 2021 and then two more annual payments of $4,000 each in 2022 and 2023. Using Time Value of Money at an annual rate of 6.5%, which Option should you select and why? Hint: Draw a Timeline for yourself Option #B because PV is $11,019 vs. Option #A and PV is $10,849. Option A because PV is $11,019 vs. Option #B and PV is $10,849. Either Option is OK as PV is the same at $10,849 for Options A and WB. Either Option is OK as PV is the same at $11,019 for both Options