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You have just learned that you are a beneficiary in the will of your late Aunt Susan. The executrix of her estate has given you
You have just learned that you are a beneficiary in the will of your late Aunt Susan. The executrix of her estate has given you three options as to how you may receive your inheritance. Required: 1-a.Calculate the present value for the following assuming that the money can be invested at 12% percent. (Round final answers to the nearest dollar amount.) a. You may receive $62,000 immediately. b. You may receive $85,000 at the end of seven years. C. You may receive $19,000 at the end of each year for seven years (a total of $133,000). 1-b.If you can invest money at a 12% return, which option would you prefer? Option a Option b O Option c Present Value LA LA LA
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