Assuming an interest rate of 6%, determine the present value for the above options. Which option should Alex choose? (Round your final answers to nearest. whole dollar amount.) The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31,2030 . Weimer will make annual deposits of $100,000 into a special bank account at the end of each of 10 years beginning December 31,2021 . Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31,2030 ? (Round your final answers to nearest whole dollar amount.) Answer each of the following independent questions. Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $64.000 cash immediately. (2) $20,000 cash immediately and a six-period annuity of $8,000 beginning one year from today, or ( 3 ) a six-period annuity of $13,000 beginning one year from today. (FV of \$1. PV of \$1. FVA of \$1. PVA of \$1. FVAD of \$1 and PVAD of \$1) (Use appropriate foctor(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 debts due on December 31, 2030. Weimer will make annual deposits of $100,000 into a special bank account at the end of each of 10 years beginning December 31,2021 . 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, 2030