requirement 2

Your grandfather would like to share some of his fortune with you. He offers to give you money under one of the folle 1. 57.400 per year at the end of each of the next eight years 2.548,750 (lump sumn) now 3.598.150 (lump sum) eight years from now (Click the icon to view Present Value of 51 table) (Click the icon to view Present Value of Ordinary Ann Read the requirements Scenario 2.8% discount rate Present value = 5 48,750 Scenario 3.8% discount rate, Present value S 53 001 Scenario 3 appears to be the best option Based on an 8% Interest rate its present value is the highest Requirement 2. Would your preference change if you used a 10% discount rato? Compune the present value of each scenario using a 10% discount rate (Round the factors to three decimal places Scenario 1. 10% discount Present value = Enter any number in the edit fields and then click Check Answer 3 Paris emaing Clear 2 Type here to search o 1 hip OSC ? o (@ 2 2 3 $ 4 96 5 6 & 7 00 le tab Q W E R T Y U es lock S D F G H J