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Your grandather would like to share some of his fortune whth you. He clfers to gve you meney under ane of the following scensriss tyou

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Your grandather would like to share some of his fortune whth you. He clfers to gve you meney under ane of the following scensriss tyou get to choseti: Use the Present Value of $1 or the Prestrit Value of Ondinary Annuty of 51 tables from above: Pound fonal present value to the nearest whole number. When calculating the present values, be sure to use the full present value factor or annuity factor to 3 decimal places in your calculations. Note that the answer key will show the values rounded to 2 decimal places due to display limitations. A. Calculate the present value of each scenario using an 6% discount rate and rank your choices. 1) $8,180 per year at the end of each of the next 7 year(s). 2) $38,560 (lump sum) now. 3) $76,100 (lump sum) 7 year(s) from now. B. Calculate the present value of each scenario using an 5% discount rate and rank your choices. 1) $8,180 per year at the end of each of the next 7 year(s). B. Calculate the present value of each scenario using an 5% discount rate and rank your choices. 1) $8,180 per year at the end of each of the next 7 year(s). 2) $38,560 (lump sum) now. 3) $76,100 (lump sum) 7 year(s) from now

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