3 4 5 5 7 1.07201 186941 184632 183319 182063 180802 1.79657178326 277509 2.74895 272325 2.69793267301264848 262432 260053 257710 3.60903.58753 354505 3.50515 3.46511 3.42580 338721 3.34933 331213 445182438998 432948 4 27028 4212364 15568 410020 404588399271 524214 5 157875.07560498553491732484101 4766544.69385 462288 6.00205568270 578637 6.88297 5.58238 545452 5389295 29660 520837 6.73274 5595808.453215334576 20970508875 597130585730574054 7435337 26879710782 645220 6.801696656106.515236.37889624689 8.11090791272772173737373600318833 799358656408 571008 10 A wealthy relative named you in her will and offered you a choice of $100,000 today or $130,000 five years from now. Assuming your rate of investment is 4.0%. What is the present value of $130,000 five years from now and only considering the time-value-of-money concept), which should you choose? (Use the appropriate table above if necessary. Round to nearest dollar) 106,850.9 Check you shd Wat the years What is the present value of receiving $10,000 each year for 4 years, if your rate of investment is 4.597 (Use the appropriate table above if necessary. Round to nearest dollar) 35073 You won the grand prize in a sweepstakes $1,000,000. The award paid out as $100.000 per year for 10 years Assuming your rate of Investment is 5.0%. What amount could the lottery commission offer you are time that would be equivalent to the 100.000 per year for 10 years title above if necessary found to nearest dollar How much would you have to invest today so that you would have $200,000 in 2 years, your rate of investment was 4.54 (e the appropriate table above of necessary found to near