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Problem 9-26 (calculator version) Your grandfather has offered you a choice of one of the three following alternatives: $7,500 now; $2,200 a year for nine

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Problem 9-26 (calculator version) Your grandfather has offered you a choice of one of the three following alternatives: $7,500 now; $2,200 a year for nine years; or $37,000 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 $ $7,500 now $2,200 a year for nine years $37,000 at the end of nine years tAA a-2. Which alternative should you choose? O $37,000 received at the end of nine years O $2,200 received each year for nine years O $7,500 received now b-1. If you could earn 11 percent annually, compute the present value for the following amounts. Present value $ $ $7,500 now 2,200 a year for nine years $37,000 at the end of nine years $ b-2. Which alternative should you choose

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