Julia Baker died, leaving to her husband Brent an insurance policy contract that provides that the beneficiary (Brent) can choose any one of the following four options. Money is worth 2.50% per quarter, compounded quarterly. Compute Present value if: (Use the tables below.)value if:

$59,270 immediate cash. Present Value:

$4,170 every 3 months payable at the end of each quarter for 5 years. Present Value:

$19,140 immediate cash and $1,914 every 3 months for 10 years, payable at the beginning of each 3-month period Present Value:

$4,170 every 3 months for 3 years and $1,470 each quarter for the following 25 quarters, all payments payable at the end of each quarter.

Present Value:

Which option would you recommend that Brent exercise?

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