Question 1 (Total marks= 10) Your rich godfather has offered you a choice of one of the three following alternatives: N$10,000 now; N$2,000 per year for 8 years; or N$24,000 at the end of 8 years. Assuming you could earn 11 percent per annum compounded semi-annually. (i) Which alternative should you choose? (5 marks) (ii) If you could earn 12 percent per annum, compounded quarterly, would you still choose the same alternative? (5 marks