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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 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: 1-8.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 $69,000 immediately. b. You may receive $92,000 at the end of five years. You may receive $26,000 at the end of each year for five years (a total of $130,000). Present Value
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