Yani has $12,000 for investment purposes. His bank has offered the following three choices: Choice 1. A special savings certificate that will pay $90 each month for 5 years and a lump sum payment at the end of 5 years of $13,000 Choice 2. Buy a share of a racehorse for $12,000 that will be worth $20,000 in 5 years Choice 3. Put the money in a savings account that will have an interest rate of 12% per year compounded monthly Use an annual worth analysis to make a recommendation to Yani. Click here to access the TVM Factor Table Calculator What is the annual worth of each choice? Choice 1, Certificate: $ Choice 2, Racehorse: $ Choice 3, Savings Account: $ Carry all interim calculations to 5 decimal places and then round your final answer to the nearest dollar. The tolerance is +4. eTextbook and Media Choice 1 - Certificate Choice 2 - Racehorse Choice 3 - Savings Account Which choice should be recommended to Yani? e Textbook and Media