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Shuai is 51 years old and has been asked to accept early retirement from his compary. The company ottered 5huai three otternative compensation packapes to

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Shuai is 51 years old and has been asked to accept early retirement from his compary. The company ottered 5huai three otternative compensation packapes to induce Shuai to retire: 1. $180.000 cash payment to be paid immediately. 2. A 16 -year annuity of $18.000 beginning immediately. 3. A 10 -year annuity of $52,000 beginning on July 1 of the year Shual reaches age 61 (after to years) Required: Determine the present value of each alternative. ossuming that Shual is able to invest funds at a 7 rate. Which aiternative should he choose? Note: Round your final answers to nearest whole dollar amount, Use tables, Excel, or a financial calculator, fFV of S, RV of S1, EYA of 51, PVA of S1, EVAD of St and PVAD of SD) Shuai is 51 years old and has been asked to accept early retirement from his compary. The company ottered 5huai three otternative compensation packapes to induce Shuai to retire: 1. $180.000 cash payment to be paid immediately. 2. A 16 -year annuity of $18.000 beginning immediately. 3. A 10 -year annuity of $52,000 beginning on July 1 of the year Shual reaches age 61 (after to years) Required: Determine the present value of each alternative. ossuming that Shual is able to invest funds at a 7 rate. Which aiternative should he choose? Note: Round your final answers to nearest whole dollar amount, Use tables, Excel, or a financial calculator, fFV of S, RV of S1, EYA of 51, PVA of S1, EVAD of St and PVAD of SD)

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