Homework: Chapter 12 Score: 0.33 of 1 pt S12A-13 (book/static) 7 of 11 (11 complete) Save HW Score: 64.74%, 7.12 of 11 pts Question Help 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): (Click the icon to view the scenarios.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Future Value of $1 table.) Read the requirements (Click the icon to view Present Value of Ordinary Annuity of $1 table) (Click the icon to view Future Value Ordinary of Annuity of $1 table) Requirement 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. Begin by calculating the present value of each scenario using a 6% discount rate (Round the amounts to the nearest dollar y Present value of Scenario 1= $ 43,027 Present value of Scenario 2= $ 49.650 Present value of Scenario 3 S 70,813 appears to be the best option. Based on a 6% discount rate, its present value is the More Info - 1. $8,750 per year at the end of each of the next six years 2. $49,650 (lump sum) now 3. $100,450 (lump sum) six years from now Print Done