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four grandfather would like to share some of his fortune with you. He offers to give you money under one of the ollowing scenarios (you

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four grandfather would like to share some of his fortune with you. He offers to give you money under one of the ollowing scenarios (you get to choose): More info Present Value of Ordinary Future Value Ordinary of 1. $8,250 per year at the end of each of the next five years 2. $40,040 (lump sum) now 3. $100,250 (lump sum) five years from now te. Which scenario yields the 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 dollar. 2. Would your preference change if you used a 12% discount rate

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