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Answer each of the following independent questions. A)ex Meir recently won a lottery and has the option of receiving one of the following three prizes:

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Answer each of the following independent questions. A)ex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $92,000 cash immediately, (2) $36,000 cash immedately and a six-period annulty of $9,500 beginning one year from today, or (3) a six-period annulty of $18,600 beginning one year from today. (FV of \$1. PV of \$1. EVA of \$1. PVA of \$1. EVAD of \$1 and PVAD of \$1) (Use appropriate factor(s) from the tables provided.) 1. Assuming an interest rate of 6%, determine the present value for the above options. Which option should Alex choose? 2. The Weimer Corporation wants to accumulate a sum of money to repay certain dobts due on December 31,2027 . Weimer will make annual deposits of $185,000 into a special bank account at the end of each of 10 years beginning December 31,2018 . Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31,2027? Complete this question by entering your answers in the tabs below. Assuming an interest rate of 6\%, determine the present value for the above options. Which option should Alex choose? (Round your finat answers to nesrest whole dollar amount.)

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