QUESTION 3 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 daughter For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B IUS Paragraph. V Arial 10pt V Ev Ev A V I. x == E EE X XG v Fonts + v T * (0) ick Save and Submit to save and submit. Click Save All Answers to save all answers. nac 4 po QUESTION 13 The present value of a lump sum future amount: O Increase as the interest rate decreases O Decreases as the time period decreases. O Is inversely related to the future value. OIs directly related to the interest rate. B