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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- Calculate the present value for the following assuming that the money can a. be invested at 14% percent. (Round final answers to the nearest dollar amount.) Present Value 5 a. You may receive $61,000 immediately. b. You may receive $84,000 at the end of fifteen years. You may receive $18,000 at the end of each year for fifteen years C'la total of $270,000). $ 10564.21 $ 1- b. If you can invest money at a 14% return, which option would you prefer? o Option a Option b o Optionc
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