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me!! Future Value of $1 Future Value of Annuity of $1 Present Value of $1 Present Value of Annuity of $1 Your grandtather would tike

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Future Value of $1 Future Value of Annuity of $1 Present Value of $1 Present Value of Annuity of $1 Your grandtather would tike to share somse of his fortune with you. He offers to give you money under one of the following scenarios (you get fo choose): 1. $7,550 a year at the end of each of the next six years 2. $50.250 (lump sumin) now 3. $98,650 (lump sum) six years from now Calculath the present value of each scenario viing an BW interest rate. Which scenario yields the highest present value? Would your proference change if you used a 12% inferest rate? E (Click the ucon to view the prosent value arneify factor tabie) 8 (Click the icon to vew the present value factor table) Usivg an as interest rate, calculate the present values for each scenano (Round the amounts to the nearest dollar) Present value of Scenario 1

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