Nancy Jackson died, leaving to her husband Daniel an insurance policy contract that provides that the beneficiary (Daniel) can choose any one of the following four options. Money is worth 2.5% per quarter, compounded quarterly.

Compute Present value if: Click here to view factor tables. a. $57,810 immediate cash. Present value $

b. $4,120 every 3 months payable at the end of each quarter for 5 years. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Present value

c. $19,470 immediate cash and $1,947 every 3 months for 10 years, payable at the beginning of each 3-month period. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Present value

d. $4,120 every 3 months for 3 years and $1,480 each quarter for the following 25 quarters, all payments payable at the end of each quarter. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.) Which option would you recommend that Daniel exercise?