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Your grandfather has offered you a choice of one of the three following alternatives: ( $ 13,500 ) now, ( $ 7,000 ) a year

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Your grandfather has offered you a choice of one of the three following alternatives: \\( \\$ 13,500 \\) now, \\( \\$ 7,000 \\) a year for nine years; or \\( \\$ 97,000 \\) at the end of nine years. (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.) a-1. Assuming you could earn 8 percent annually, compute the present value for the following amounts. a.2. Which alternative should you choose? \\( \\$ 97,000 \\) received at the end of nine years \\( \\$ 7,000 \\) recelved each year for nine years \\( \\$ 13,500 \\) recelved now b-1. If you could earn 10 percent annually, compute the present value for the following amounts. b-2. Which alternative should you choose

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