Which of the following decisions would involve the use of the present value of $$1?$

You want to have $$1,000,000$ in order to retire at age $55,$ but need to know how

much you will need to deposit each year from now until your $55$th birthday.

Your father and mother wish to deposit enough money on the date of your high

school graduation to enable you to take a cruise that will cost $$7,000$ when you

graduate from college in $4$ years.

You win a lawsuit and are offered a lump$-$sum payment today of $$100,000$ or

$$15,000$ a year for $20$ years.

Your brother buys your car and offers to pay you $$500$ per year for three years

or $$1,500$ in two years.