Q6

QUESTION 6 A father wants to gift his daughter a present for her marriage, he offers her three options: Option A: $55,000 today Option B: $8,000 every year for 10 years Option C: $90,000 in 10 years Assuming a discount rate of 7%, calculate the present value of each option (give an answer for each) and decide what option is best for the daughte For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph V Arial V 10pt AVI SEEEE EX X - TH0e >