Your grandfather would like to share some of his for tune with you. He offer s to give you money under one of the following scenarios (you get to choose): (Click the icon to view the scenarios.) (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of $1 table.) (Click the icon to view Future Value Ordinary of Annuity of $1 table.) Read the requirements. Requirement 1. Calculate the present value of each scenario using an 8% discount rate. Which scenario yields the highest present value? Round to the nearest dollar. Begin by calculating the present value of each scenario using an 8% discount rate. (Round the amounts to the nearest dollar.) Present value of Scenario 1= More info 1. $9,000 per year at the end of each of the next six years 2. \$47,050 (lump sum) now 3. $98,650 (lump sum) six years from now