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Please solve all parts. Your grandfather has offered you a choice of one of the three following alternatives: $5,500 now; $1,250 a year for nine

Please solve all parts.

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Your grandfather has offered you a choice of one of the three following alternatives: $5,500 now; $1,250 a year for nine years; or $17,000 at the end of nine years. (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.) a-1. Assuming you could earn 10 percent annually, compute the present value for the following amounts. Present value $ $ $5,500 now $1,250 a year for nine years $17,000 at the end of nine years IND $ a-2. Which alternative should you choose? O $17,000 received at the end of nine years O $1,250 received each year for nine years O $5,500 received now b-1. If you could earn 11 percent annually, compute the present value for the following amounts. Present value $ $ $5,500 now 1,250 a year for nine years $17,000 at the end of nine years b-2. Which alternative should you choose? O $1,250 received each year for nine years O $17,000 received at the end of nine years $5,500 received now

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