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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 11% percent. (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount.) Present Value $ 63,000 a. You may receive $63,000 immediately. b. You may receive $86,000 at the end of five years. You may receive $20,000 at the end of each year for five years (a total of C-$100,000). att ta
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