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help plz S26-10 (book/static) Question Your grandfather would like to share some of his fortune with you. He offers to give you money under one
help plz
S26-10 (book/static) Question Your grandfather would like to share some of his fortune with you. He offers to give you money under one of the following scenarios (you get to choose): 1. $7.250 per year at the end of each of the next eight years 2. $49,650 (lump sum) now 3. $98,650 (lump sum) eight years from now A(Click the icon to view Present Value of $1 table.) = (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Read the requirements. Requirement 1. Calculate the present value of each scenario using an 8% discount rate. Which scenario yields the highest present value? (Round the factors to decimal places, X.XXX. Round the present value to the nearest whole dollar.) ibrat Scenario 1,8% discount rate, Present value = I purce dy Reference Present Value of $1 15% 16% Periods Period 1 Period 2 Period 3 Period 4 Period 5 1% 2% 3% 4% 5% 6% 0.990 0.980 0.971 0.962 0.952 0.943 0.980 0.961 0.943 0.925 0.907 0.890 0.971 0.942 0.915 0.889 0.864 0.840 0.961 0.924 0.888 0.855 0.823 0.792 0.951 0.906 0.863 0.822 0.784 0.747 7% 0.935 0.873 0.816 0.763 0.713 8% 9% 10% 12% 14% 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.857 0.842 0.826 0.797 0.769 0.756 0.743 0.794 0.772 0.751 0.712 0.675 0.658 0.641 0.735 0.708 0.683 0 636 0.592 0.572 0.552 0.681 0.650 0.621 0.567 0.519 0.497 0.476 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.666 0.630 0.596 0.564 0.507 0.456 0.432 0.4100 Period 7 0.933 0.871 0.813 0.760 0.711 0.665 0.623 0.583 0.547 0.513 0.452 0.400 0.376 0.3540 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.404 0.351 0.327 0.305 0 Period 9 0.914 0.837 0.766 0.703 0.6450.592 0.544 0.500 0.460 0.424 0.361 0.308 0.284 0.263 0. Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.508 0.463 0.422 0.386 0.322 0.270 0.247 0.2270 Period 11 0.896 0.804 0.722 0.650 0.585 0.527 0.475 0.429 0.388 0 350 0.287 0.237 0.215 0.1950 Period 12 0.887 0.788 0.701 0.625 0.557 0.497 0.444 0.397 0.356 0.319 0.257 0 208 0.187 0.168 0 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 0.415 0.368 0.326 0.290 0.229 0 182 0.163 0.145 0. Period 14 0 870 0.758 0 661 0.577 0.505 0.442 0.388 0.340 0.299 0.263 0.205 0.160 0.141 0.125 0.C Period 15 0.861 0.743 0.642 0.555 0 481 0.417 0.362 0.315 0.275 0.239 0.183 0.140 0.123 0.108 0.0 Print Done Done OK
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