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D 1034 905 If you want to receive $2,200 beginning today and then receive three more annual payments of $2,200 each, how much money will

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D 1034 905 If you want to receive $2,200 beginning today and then receive three more annual payments of $2,200 each, how much money will you need to invest today at 3.8% annual return. Hint: Draw a Timeline for yourself. $8,024 $8,328 $6,600 $7,615. 1035 90 $ You are offered a Bonus of $5,000 today or a Bonus of $5,500 one year from today. Using Time Value of Money (TVM) which one should you select given annual interest rate of 4.7%.? Hint: Draw a Timeline for yourself for the $5,500 option $5,000 Bonus today. Bonus of $5,500 one year from today because Present Value (PV) is $5,253. Bonus of $5500 one year from today because Present Value (PV) is $5,133. $5,000 Bonus today because Present Value (PV) is $5,500

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