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both requirments Your grandfather would liko to share some of his forture with you. Ho ollers to give you monoy undor one of the following

both requirments
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Your grandfather would liko to share some of his forture with you. Ho ollers to give you monoy undor one of the following scenanios (you get to choose): 1. \$7,750 per year at the end of each of tha rent seven year 2. $50,100 (lump sum) now 3. $90,660 (lump oum) seren yoare from now (Click the hon to view Prasen value of \$1 table.) (Cick the icon to view Prosent Value of Ordinary Amvity of 51 table.) Read the the prosent value to the nearast whicle dollac) Scenario 1,6% discount rabe, Present value = Ftors to three decimal places, XX Reference Requirements 1. Calculate the present value of each scenario using a 6% discount rate. Which scenario yields the highest present value? Round to the nearest whole dollar. 2. Would your preference change if you used a 12% discount rate

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