Your grandfather has offered you a choice of one of the three following alternatives: $11,000 now; $5,300 a year for nine years; or $72,000 at the end of nine years. (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.) 6-1. Assuming you could earn 8 percent annually, compute the present value for the following amounts. $11,000 now $5,300 a year for nine years $72,000 at the end of nine years Present value $ $ $ a-2. Which alternative should you choose? O $72,000 received at the end of nine years O $5,300 received each year for nine years O $11,000 received now b-1. If you could earn 10 percent annually, compute the present value for the following amounts. $11,000 now 5,300 a year for nine years $72,000 at the end of nine years Present value $ $ $ b-2. Which alternative should you choose? O $72,000 received at the end of nine years O $5,300 received each year for nine years O $11,000 received now