I only need requirement 2,

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 Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table) (Click the icon to view Future Value Ordinary of Annuity of $1 table.) Read the requirements. 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) Present Value Scenario 1 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) Present Value Scenario 1: S 38,107 Scenario 2: 50,050 Scenario 3: 70,042 Scenario 3 appears to be the best option. Based on a 6% discount rate, its present value is the highest Requirement 2. Would your preference change if you used a 10% discount rate? Begin by calculating the present value of each scenario using a 10% discount rate. (Round the amounts to the nearest dollar) Present Value Requirements Scenario 1 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. Would your preference change if you used a 10% discount rate? 2. Print Done | | Present Vakue of $t Present Value of Ordinary Annuity of $1 1 0980 080 0971RE 0962943 0936 0R 0917 00 08 0B77 087O 0852 0847 0833 2 1.970 92 1913 128 16913 1.900 1.723 1.769 73 1.80 1.847 1.82 1605 58 1.529 3 AT | 2884 | 2829 | 2775 723 | 2673 | 2624 | 25 ,531 | 2487 | 2402 | 232 83 | 2246 | 2174 | 2105 4 : 02 | 3.008 | 3.717 | 3.620 3.646 | 3486 | 3.387 | 3.3 3240 | 3.170 | 3.037 | 2914 | : 65 | 2799 | 2690 | 2509 5 4353 | 4713 | 4580 | 445 329 | 4212 | 4100 | 3791 | 3606 | 343 62 | 3274 | 3127 | 2001 6 795 0601 1 5417 6.242 Oi | 4917 | 4757 | 45e 4485 | 4356 | 4.111 as are4 36B6 | 3498 | 3.325 7 6 725 | 6472 | 5230 I 5002 5785 5582 | 5339 | 5 2 033 | 4368 | 4564 | 4288 . 60 4,039 | 3012 | 3505 935 0928 2 0880 0861 0943 0825 090708800873 087 0842 0826 0 797 07E90755 0743 0718 0694 3 | 71 942 | 0916 | 0.989 | 0.864 | 0840 | 0.816 | 0.794 | .772 | 0.751 | 0712 | 0.575 | 0.563 | 0.641 | 0609 | 0.579 4 O 961 | 0924 | 0888 | 0855 0792 | 0753 | 0735 | tis 0683 | 0636 | 05 572 | 0 552 | 0 516 | 0482 5 0.961 | ).906 | 08 0.822 0.784 r4) | 0713 | 0.631 0.660 0.621 | 0.587 | 0.519 0497 0476 | 0437 | O.402 5 020 08370790 0.745 07050656 0630595 0564 050 04560432 0410 0370 0335 0 0923 053 078907310577 0627 052 05400502 0457 040035037 0.305 0256 0.233 10 0.805 0820 0744 0676 0814 0553 0500 0463 0422 0308 0322 0270 0247 0227 0191 0162 e 10 a 565 a 162 | 7786 1 7435 9411 | 29E3 | Bb30 | 81 103 6802 | 5515 | 6 247 5995 | 5759 | 5320 | 4 946 | 4 772 4607 | 4303 | 4031 722 | 7a60 | Tu24 6/ 0413 | 6146 | 5651 | 621 013 | 4833 | 4494 | 4192 11 0395 0804 | n 722 | 0EC 0585 | 0627 | n476 | 04 0388 0350 | 0.287 | 023 12 | 0.007 0.700 | 0701 | 0.625 | 0.567 | 0497 | 0444 | 0.3 , 0.355 | 0.219 | 0.257 | 0.2C is 195 | D152 | 0135 107 | 0.168 | 0.137 | 0.112 11 | 10.368| 9.707 | 9.253 | 0.7 a.305 7.007 7499 | 7.1 6.805 | 6.495 | 5.930 | 545 24 5029 | 4.656 | 4.327 12 11 255 676 | 9954 9385 8363 8384 | 943 753 161 G814 | 5194 | 56D G421 5197 470G 4439 13 12.134 11.340 10615 9.906 9.394 005 0350 790 7407 7.100 6424 5042 5503 5342 49104.503 14 S7D 0.752 06510577 0505 0.4-2 03 03400299 0263 02250.1600141 0.125 009 0.07 15 0.3E1 743 | n642 | 0555 481 0417 | na52 | 031 27 239 | ntea 0 140 | 12 108 | D084 | 0065 16 0.363 728 | 062a 1 0.584 | 0453 | 1244 | 0.339 | 0.29 262 | 0.218 | 0.183 | 0.122 1 093 | 0.071 0.084 17 |344 14 | 0606 | 0 513 | 0435 | 0371 | 0.317 | 020 | 02 | 0 198 | 46 | 0106 93 | 0cao | n 050 | 0045 18 0538 0.700 0637 049 0418 0350 029 0250 0212 0.0 0130 0D 081 0089 005 ate8 19 l82B 0685 | 0570 | 0475 | O 395 | 0.331 | 0277 | O 2 ! 194 0 154 | 116 | 0083 0060 | 0043 | 0001 20 | .82D S73 | 0654 0466 | .3 0.312 | 0.258 | 0.216 0.149 | 0104 | 0.07 201 | 0.061 | 0.037 | 0.026 15 | 13265| 120491 11.930| 11.110| 00| 9.712 | 9.100 | 0.569 a.001 | 7606 | 6011 | 6.142 ST | 5575 | 5.092 | 4.675 16 14.718 13 578 12581 11 652 1083810106 8B518313 7824 5974 6265 54 56 5124730 17 15582 14292 318 12.188 11 274 104779783 9122 2.544 9.022 7.120 .373 8047 5.74 5222 4.775 18 | 16398 14392 | 13754| 125 11e90| 10828 | 100591 93 8755 8201 | 250 I 646 128 5818 | 5273 | 4812 .198 | 5.877 5.316 4.944 259 | 5929 | 5353 | 4870 72261 15.678 14.32L 13.1 12.951 .158 | 10.336| 960 | ,.960 8266 | 7368 | 6.56 124621 11 470 | 10594| 9818 2046| 15 351 | 148771 135 29 | 8514 | 459 | 652 21 0011 0660 053 0439039 0294 24 0190.164 0.135 0000640053 004 0031 0022 22 0803 641 0622 0422 342 27'8 | D 226 | 013, 100 0123 | DO83 | 0086 045 0038 | D026 | 0D18 23 0.795 | 634 | 0507 | 0.406 .325 0262 | 0.211 | 0. 170 1 0.112 | 007a 49 | 45 0 C33 | 0022 | 0015 21 22 23 18257| 011 | 15.41b | 140 12821| 11.764 | 10E36 | 10.01 u2 | 8649 | Tb62 | 6se 312 | b9/3 6384 | 4891 196601 17 650 | 15 937| 14 4511 13153| 12042 | 11.001 | 10 20 | 9442 | a 772 | 7645 | 6743 6359 | 6011 5410 4909 20456 18292 | 16444| 143, 13489| 123a111.272| 10.3: 680 8883 | 7.718 6.79 389 G044 | 5.432 | 4925 24 2123 18 914 16.936 15 247 13.79 12550 1146 10.5299.707 895 7784 6.835 6434 6073 5514.93 26 223 | 1962 a 1 17.413 | 16e 14C94 | 127| 11.504| 10.57 23 9077 7843 | 6B7 0464 | 6097 | 5.45? | 4948 26 | 22.795|20 121 | 17.0771 15.503| 275 | 13.000 11.526| 10.81 29 | 9.161 | 7.096 | 6.906 6491 6.110 1 5.480 I 4.966 2 a660 1707|18 327|163 4643|13 211|11987| 109 027 9237|943 6Da 514|6136|5492| 4964 2 24.318 21.21 10.78 16.863 149 1346 2137 11051 10.118 9.07 7.954 6.96165346.152 5502 4.970 29 25066| 21 844 | 19128 | 16984| 141 |13591 | 12278| 1115 198 ga70 | RD22 63 561 166 | 5510 | 4975 30 250 2236 9.600 17.292 15372 13755 12409 1125 10 274 9427 0055 7.00356.177 5517 4.979 40| 835| 27356|23115|197 159115046| 13332|1192 757|97|8244|710 542|5233 5548| 4RGT ba 39 195 31424 | 25.y30 | 21 482 3256|15752| 13BO1 | 122 S62| 916 | 8324 7.13 001 0.240 | 5.664 | 49 25 0.780 06100478 0375 0295 0233 01 0146.1160.092 005900300000024 0016 0010 27 0.764 0.508 | 0.450 | 0.34 0.265 | 0.207 | a151 | 0.125 0095 | 0.076 | 0.047 | 0.029 28 767 574 | n437 | 0333 255 | 0196 | n 150 | 0 090 | 0ca9 | n042 | 0026 29 | 0749 | 0.563 | 0424 | 0.321 0.243 0.105 | 0.141 | 0.10 | 0.0e2 | 0.063 | 0037 | 0.022 23 0.018 | 0.011 | 0.007 201 c16 | n010 0006 012 | 0.014 | 0.00e O.005 40 672 | 0453 | 0.307 0.208 | 142 097 | 0.067 | 0.046 | | 0.022 | 0.011 | 0.006 04 203 | 0.001 | 0.001 50 | 0.50B 0372 | 0220 | 0.141 0.007 0C54 | 0034 | 0021 | 0.013 | 0C09 | 0003 | O 001 0001 | 0001 Future Value ot Ordinary Annuity of $1 Future Value of $1 Perodsl 1% 12%|396 | 12% | 14% | 15% 000 1000 1.000 1.000 1000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1000 2 | 2010 | 2020 | 2.030 2.040 | 2050 | 2060 | 2.070 | 2.080 | 2090 | 2.100 2.120 | 2140 | 2150 3 | 3030 | 3060 | 3091 3.122 | 3 153 | 3184 | 3215 | 3246 | 3278 | 3310 3374 | 3440 | 3473 4 4.060 122 | 4.184 4.246 | 431 4.375 | 4.440 4.506 | 4.573 | 4.641 4.779 | 4.921 | 4993 5 | 510 | 5204 | 5309 5416 | 5526 | 5637 | 5751 | 5867 | 5985 | 105 | 6353 | 66 | 6742 4%|5%16%17% 8% 9% | 10% Periods l 1% | 2% | 3% | 4% 5% | 6% | 7% | 8% | 9% | 10% | 12% | 14% | 15% 1.010 | 1.020 030 | 1.040 1.060 | 1.060 | 070 | 1.080 1.090 | .100 | 1120 | 1.140 | 1.150 2 1020 1.040 1061 1082 1.103 .124 1511661.1882101254 1300 1.323 3 1.030 1.061 1.09325.158 1.191 1225 1.260 1295 13311405 1482 1.521 4 1.041 1.082 1.126 1.170 1216 1262 1311 1360 1.412 1454 1574 1689 1.749 5 1.051 1.1041591.217 1.276 1.338 1.403 1.469 1.5391.762 1.925 2011 1062 | 1125 | 1194 | 1255 1340 | 1419 | 1501 | 1587 1.677 | 1772 | 1974 | 2195 | 2313 7 1.072 114912301.316 1.407 1.504 1606 1.714 1.828949 221 2.502 2660 8 1.083 | 1.172 | 1267 | 1369 1477 | 1894 | 718 | 1851 1.993 | 2144 | 2476 | 2853 | 3.089 9 1.094 1.195 13051423 1.551 1689 1838 1.9992.172 2358 2773 3.262 3.518 10 1.105 | 1.219 | 1344 | 1480 1.629 | 1.791 | 1967 | 2.159 2.367 | 2994 | 3106 | 3.707 | 4.046 6 6.152 6308 6.4686.633 6802 6.975 7.153 7.336 7.5237.716 8.1158.536 8754 7 7214 7434 7662 7898 8142 8394 .654 B9239200949710.0910.73 11.07 8 | 8.286 | 8583 | 8.892 | 9.214 9.549 | 9897 | 10.200 | 10.64 | 11.03 | 11.44 12.30 | 13.23 | 3.73 9 9.369 9.755 10.16 10.5 11.03 1149 1198 1249 13.02 13.58 14.78 16.09 16.79 10 1046 10.95 11.46 2012.58 13.18 13.82 14.4999417.55 9.34 20.30 11 | 1157 1217 | 1281 1349 | 1421 | 1497 | 15.78 | 1665 | 1756 | 18.53 20.65 | 2304 | 2435 12 1268 13.41 14.19 15.03 1592 16.87 1789 18.98 20.14 21.38 24.13 27 27 29.00 13 | 1381 | 14.68 | 15.62 1663 | 17.71 | 18.88 | 20.14 | 2150 | 2295 | 24.52 | 28.03 | 3209 | 34.35 4 1495 15.7 17.09 18.29 19.60 21.02 22.65 24.21 26.0227.98 32.3937540.50 15 16.10 17.29 18.60 20.0221.58 23.28 25.13 27.15 2936 31.77 37.28 4384 47 58 11 1.116 1.243 1384153 1710 1898 2105 2.332 25802853 3479 4.226 4.652 12 1.127 | 1.268 | 1426 | 1.601 1.796 | 20 | 2252 | 2518 2813 | 3138 | 3896 | 4.818 | 5.360 13 1.138 | 1.294 | 1469 | 1665 | 1.886 | 2133 | 2410 | 2720 | 3.066 | 3452 | 4363 | 5492 | 6153 4 1.149 1.319 1513 1.732 1980 22612579 2937 3.342 3.798 4887626 7.076 15 1.161 | 1.346 | 1558 | 1801 2.079 | 2397 | 2759 | 3.172 | 3.642 | 4 177 | 5474 | 7138 | 8137 6 1.173 1.373 1605 18732.183 2540 2952 3.426 3.970 4595 6.1308.137 9.358 7 1.184 1.400 1653 1948 2.292 2693 3159 3.700 4328605468669276 10.76 18 196 1.428 1702 2022407 2854 3 380 3.99 4.717 5560 769010.58 1238 19 1.208 1.457 1.754 2.107 2527 3026 3617 4316 5.142611686131206 14 23 20 1.220 1.48 1.8062.192853 3207 3.870 4.681 5.8046727964613.74 16.37 16 1726 18.64 20.16 21.82 2366 25.67 27.89 3032 33.0035.942756096572 17 1843 20.01 21.7623.TO2584 28.21 30.84 3375 36.97 40.54 48.885912 65.08 18 1981 | 21.41 | 2341 2665 | 28 13 | 3031 | 3400 | 3745 | 4130 | 45.80 5575 | 6839 | 7584 19 20.81 22.84 25.12 27.6730.54 33.76 37.38 41.45 46.02 5116 63.447897 88.21 20 2202 24.30 26.87 29.78 3307 36.79 41.00 4576 61.1667.28 72059102 102.4 21 23 24 25.78 28.6 31.9735.72 39.99 44.87 50.42 56.76 64.00 81.70104.8118.8 22 24 47 2730 30.54 34 25 38 51 4339 49.01 55 46 62 977140 9250120 137.6 23 26.72 28.85 32.45 36.62 4143 47.00 53.44 60.89 69.53 79.54 10413.3 159.3 24 | 2697 3042 | 3443 3908 | 4450 | 5082 | 5818 | 6676 | 7679 | 38,50 1182 | 15 | 1842 26 28 24 32.03 36.464165773 54.86 63.25 73.11 84.70 98.35 133.3 181.9 212.8 21 1.232 1516 1850 2279 2.785 3400 4141 5034 6.109 740010.015671 82 22 1245 1.548 1916 2.3702.9253604 4430 5.437 6.859814012.1078 21.84 23 1.257 | 1577 | 1974 | 2455 3072 | 3820 | 4741 | 5.871 7258 | 8954 | 13.55 | 20.36 | 2489 24 1.270 1608 2033 2563 3.225 4.049 6072 6.341 7911985015.18 23.21 28.63 25 1.282 1.641 2094 2666 3.3854.2925427 6848 B.623 1083 17.00 26.46 32 92 26 29 53 33.67 38.55 443151.11 59.16 68.68 79 95 93 32109.21503208.3 245.7 27 30.82 35.34 40.71 47.08 64.67 63.71 74.48 87.35 102.769 238.5 283.6 28 | 32 13 | 37.05 | 42.93 4997 | 5840 | 68.53 80.70 | 9534 | 1130 | 1342 1907 | 2729 | 327.1 29 33.45 38.79 45.225297232 73.64 87.35 104.0 24.11486 2146 312.1 377.2 30 34.78 40.57 47.58 56.086644 79.06 94.46 1133 136.3 164.5 2413356.8 434.7 26 1.295 1673 21572.772 3.556 4.549 6807 7.3969.399919.04 30.17 37.86 27 1.308 1.707 22212883 3.733 4.822 6214 7.988 10.25 13.11 21.32 34.3943.54 28 1.321 1.741 2288 2999 3.920 6.112 6649 8.627 11.1714.42 23.8839.20 60.07 29 1.335 1.776 | 2357 | 3.119 4.116 541 .114 9.317 12.17 | 15.86 | 26.75 44.69 | 5758 30 1.348 1811 2427 3243 4.322 6.743 7612 0.06 13.27174529.9650.95 6621 40 1.489 2208 3262 48017.040 1029 14.97 21.72 31.414526 93.051889 2679 40 4889 60.40 75.40 95.031201548 1996 259.1 337.9 4426 767.1 ,342 1,779 50 6446 8458 11281527 209.3 290.3 4065 573.8 815.1,164 2,400 4,995 7218 50 1.645 | 2692 | 4384 | 7107 1147 | 1842 | 2946 | 46 90 | 7436 | 1174 | 2890 | 7002 | 1,004