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solve all please Your gandiather would ike to share some of his forture with you He ofters to give you money under one of the
solve all please
Your gandiather would ike to share some of his forture with you He ofters to give you money under one of the foliowing scenaros (you get to chooso) 1. 57.400 per yoar at the ond of each of the next soven years 2. $50.250 (fump sum) now 3. $100.250 (lump sum) seven years from now Fesd the coourerments present valoe to the nearest whole dobur:) Sconario 1, 8\% discount rabe, Present value = Reference Reference Reference Requirements 1. Calculate the present value of each scenario using an 8% discount rate. Which scenario yields the highest present value? Round to the nearest whole dollar. 2. Would your preference change if you used a 12% discount rate Step by Step Solution
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