Send to Gradebook Question 6 Wiew Policies Show Attempt History Current Attempt in Progress Julia Baker died, leaving to her husband Morgan an insurance policy contract that provides that the beneficiary (Morgan can choose any one of the following four oper quarterly. Compute Present Value if: a ter compounded Click here to view factor tables Your swer is correct. (a) $57.500 immediate cash (Round factor values to decimal places 1.25124 and final answer to decimal places 458,581) Present value $ 57500 e Textbook and Media Your answer is correct $4,050 every 3 months payable at the end of each quarter for 5 years. (Round factors to decimo poses 125124 and Analowe to deal places ) Present value Your answer is incorrect. (c) $19.690 immediate cash and $1.969 every 3 months for 10 years. payable at the beginning of each 3-month period. (Round factor values to decimaplocesce Present value $ 70353 e Textbook and Media X Your answer is incorrect. (d) $4,050 every 3 months for 3 years and $1,650 each quarter for the following 25 quarters, all payments payable at the end of each quarter. (Round factor values to decimal places, eg 458,581.) Present value 71944 e Textbook and Media * Your answer is incorrect Which option would you recommend that Morgan exercise? Option e Textbook and Media Attemp Send to Gradebook Question 6 Wiew Policies Show Attempt History Current Attempt in Progress Julia Baker died, leaving to her husband Morgan an insurance policy contract that provides that the beneficiary (Morgan can choose any one of the following four oper quarterly. Compute Present Value if: a ter compounded Click here to view factor tables Your swer is correct. (a) $57.500 immediate cash (Round factor values to decimal places 1.25124 and final answer to decimal places 458,581) Present value $ 57500 e Textbook and Media Your answer is correct $4,050 every 3 months payable at the end of each quarter for 5 years. (Round factors to decimo poses 125124 and Analowe to deal places ) Present value Your answer is incorrect. (c) $19.690 immediate cash and $1.969 every 3 months for 10 years. payable at the beginning of each 3-month period. (Round factor values to decimaplocesce Present value $ 70353 e Textbook and Media X Your answer is incorrect. (d) $4,050 every 3 months for 3 years and $1,650 each quarter for the following 25 quarters, all payments payable at the end of each quarter. (Round factor values to decimal places, eg 458,581.) Present value 71944 e Textbook and Media * Your answer is incorrect Which option would you recommend that Morgan exercise? Option e Textbook and Media Attemp
