Please answer al of the following. The requirements are in the pictures below
Your grandmother would like to share some of her fortune with you. She offers to give you money under one of the following scenarios (you get to choose) 1. $7,250 a year at the end of each of the next eight years 2. $49,950 (lump sum) now 3. $99,850 (lump sum) eight years from now Calculate the present value of each scenario using a 6% interest rate. Which scenaro y eldste highest presen val en would your prefere e ch ge , you use a os r terest fee? ck the icon to view the present value annuity factor table(Click the icon to view the present value factor table.) (Click the loon to view the Auture value annuity factor table)(Cick the lcon to view the fuaure vailue factor tabie) Usingo 6% interest rate, calculate the present values for each scenare. (Round the amouts to the nearest Present value Scenario 1 Scenario 2 Scenario 3 Which scenario yiekds the highest present value? 1 appears to bo the best option. Based on a 6% interest rate, its present value is the l Using a 10% interest rate, calaiate the present values sor each scenario. (Rand amounts to the nearest dolar , Present value Scenario 1 Scenario 2 Scenario 3 appears to be the best option. 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1.000T 1.000 -1.000 - 1.000 T 1.000 2.010 2.020 2.030 2.0402.050 2.0602.0802.100 2.120 2.140 2.160 2.180 2.200 3.030 3.060 3.091 3.122 3.153 3.184 3.246 3.310 3.374 3440 3506 3.5723.640 4.060 4.122 4.1844.2464.310 4.375 4.506 4.641 4.779 4.921 5.0665215 5.368 5 5.101 5.204 5.309 5416 55265.6375.867 6.1056.353 6.610 6.877 7.154 7442 6.152 | 6.308 | 6468 | 6633 | 6.802 | 6.975 | 7.336 | 7.716 | 8.115 | 8.536 377 | 9442 9930 7.214 7.434 7662 7898 8.142 834 8.9239.487 10.089 10.730 11414 12.142 12.916 8 8.286 8.583 8.892 9.214 9.549 9.89710.637 11.436 2300 13.233 14.240 1532716.499 9 | 9369 | 9.755 | 10.159 | 10.583 | 11.027 | 11.491 | 12488 | 13.579 | 14.776 | 16085 | 17.519 | 19.06 20799 10 10.462 10.950 11484 200 12578 3814-487 15.9377549 19.337 21.321 23,521 25.959 11 11.567 12.169 12.808 13486 1420714.972 16645 18.531 2065523045 25,733 28.755 32.150 12 12683 13412 14.192 15.026 59176.870 8977 21384 24133 27.271 30.850 34.931 39.58 13 13.809 4680 15.618 16.627 7.71318882 21495 24523 89 32.089 36.786 42219 48.497 14 14947 15974 1706 18292 9 21015 24.215 27975 32.393 37 581 43672 50818 59.198 7293 8.99 2002 21579 22722 372802660965 72.03 20 22019 24.297 26870 29,778 33.066 36786 45,762 57 275 72.052 91.025 115.380 146.628 86688 25 28.243 32.03036459 1.646 47.727 54.86573106 98.347 133.334 181.871 249.214342.603 471.981 30 34.785 40.568 47.575 56.085 66439 9.058113.283 64.494 241.333 356.787 530.312 790.948 1,181.882 40 I 48 886-60402 | 75 401 95 26 120800 | 154.762 259.057 442.593 767 091 | 1342.025 2.360757| 4,163213|7 343 858 15 12346 80369 09 01 24 78 12345 67891 12341 22 28 34 1010 020 1040 1.050 2 | 1.020 1.040 1.061 | 1.082 1.103 | 1.124 | 1.166 | 1210 | 1254 | 1.300 346-392 1440 3 1.030 1061 | 1.093 1.125 | 1.158 | 1.191 | 1.260 | 133-1405 | 1.482 1.561 1.643 1.729 041 1.082 1.126 1.170 1216 1.262 360 1464574689 18 9392.074 5 1.051 1.104 1.159 217 127613381469 1.6111762 1925 2.100 2288 2.488 6 | 1.062 | 1.126 | 1.194 | 1.265 | 1340 | 1.419 | 1.587 | 1.772 | 1.974 | 2.195 | 2.436 2.700 2.986 1072.149 1230 1316 1.407 1.504 1.714 1949 2.21 2.5022826 3.185 3.583 083 1.172 1.267369 1477 594 18512144 2476 2853 3278 37594.300 1.094 1.195 1305 1.423 1551 69 1.9992.3582.7733.252 3803 4.435 5.160 10 1.105 2193441480 1629912.1592.5943.106 370745.234 6.192 11 1.116 2431384 1.539 1.7101898 2.332 2853 3.479 4226 5117 6.176 7.430 12 1.127 6814261601 1.796 2.012 2518 3.138 3.896 4.818 5.936 7.288 8.916 13 1.138 1294169 1.665 1.886 2.1332720 3452 4363 5.4926.8868.599 10699 14 1.149 1319 1.513 1.732 1980 226129373.797 4887626 7988 10.147 12.839 15 11346 1558 0079 23 3172 4.177 5474138266 17415407 20 1.220 4860 2.191 2653 3.207 46 6727 9646 374319461 27.393 38.338 1282 1,641 2094 2666 3386 4.292 10.835 17.000 26.462 4087462669 95.396 1.348 1.811 2427 3243 4322 5.743 10.063 7449 29960 50.950 85.850 143.371 237.376 401,489 0 3262 4801 7040 10.286 21.725 45259 93.051 188.884 378721 750.378 1,469.772
