Your grandfather would like to share some of his fortune with you. He offers 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 Prosent 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 51 table.) (Click the icon to view Future Value Ordinary of Annuity of S1 table.) Read the requirements Requirement 1. Calculate the present value of each scenario using an 8% discount rate. Which scenario yulds the highest present value? Round to the nearest delar, Begin by calculating the present value of each scenario using an 8% discount rate. (Round the amounts to the nearest dollar) Prosent value of Scenario 1 Begin by calculating the present value of each scenario using an 8% discount rate - * More Info 1. $8,000 per year at the end of each of the next six years 2. $50,050 (lump sum) now 3. $100,050 (lump sum) six years from now Print Done Help Reference ive vie vie oun ato. Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.847 0.833 Period 2 0.990 0.961 0.943 0.925 0.9070.890 0.873 0.857 0.842 0.826 0.797 0.769 0.756 0.743 0.7180.604 Period 3 0.971 0 942 0.915 0.889 0.864 0.840 0.816 0.794 0.772 0.751 0.712 0.675 0.658 0,641 0.609 0.579 Period 4 0.961 0.924 0.888 0.855 0.8230.792 0.763 0.735 0.708 0.683 0.636 0.592 0.572 0.552 0.516 0.482 Period 5 0.951 0.906 0.863 0.822 0.784 0.747 0.713 0.681 0.650 0.621 0.567 0.519 0.497 0.4760437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.6660.630 0.596 0.564 0.507 0.456 0.432 0.410 0.370 0.335 Period 7 0.933 0.8710813 0.7600.7110.665 0.623 0.583 0.547 0.513 0.452 0.400 0.375 0.3540.314 0.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.582 0.540 0.502 0.467 0.404 0.351 0.327 0.305 0.266 0.233 Period 9 0.914 0.837 0.766 0.703 0.6450.592 0.544 0.500 0.460 0.424 0.361 0.308 0.284 0.263 0.225 0.194 Period 10 0.905 0.820 0.744 0.676 0.614 0.558 0.5080.463 0.422 0.386 0.322 0.270 0.247 0.227 0.191 0.162 Period 11 0.896 0.8040.722 0650 0.585 0.5270475 0.429 0.388 0.350 0.287 0237 0.215 0.195 0.102 0.135 Perlod 12 0.887 0.788 0.701 0.625 0.557 0.4970444 0.397 0.356 0.319 0.257 0.208 0.187 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0469 04150.368 0.325 0.2900229 0.182 0.163 0.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.5770.505 0.442 0,388 0.340 0.299 0.263 0206 0.160 0.141 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 0.55504810417 0.362 0.315 0.275 0.239 0.163 0.140 0.123 0.1080.084 0.065 Period 16 0.853 0.7280.623 0.53404580.394 0.3390.292 0.252 0.218 0.163 0.123 0.107 0,093 0.071 0.054 Period 17 0.844 0.714 0.605 0.5130436 0.371 0.317 0.270 0.231 0.198 0.146 0.108 0.093 0.000 0.060 0.045 Period 18 0.836 0.700 0.587 0.494 0.416 0.350 0296 0.250 0.212 0.180 0.130 0.095 0.081 0.069 0.051 0.038 Period 19 0.828 0.686 0.570 0.475 0.396 0.331 0.277 0232 0.194 0.164 0.116 0.083 0.070 0.060 0.043 0.031 Period 20 0.820 0.673 0.5540456 0.377 0.3120.258 0215 0.178 0.149 0.104 0.073 0.061 0.051 0.037 0.026 Period 21 0.811 0.660 0.538 0.439 0.359 0.294 0.242 0.199 0.1640.135 0.093 0.064 0.053 0.044 0.031 0.022 Period 22 0.803 0.647 0.522 0.422 0.342 0.278 0.226 0.184 0.150 0.123 0.083 0.056 0.046 0.038 0.028 0.018 Period 23 0.795 0.634 0.507 0.4060.3260.262 0.211 0.170 0.138 0.112 0.074 0.049 0.040 0.033 0.022 0.015 Period 24 0.788 0.622 0.492 0.390 0.310 0.247 0.1970.158 0.126 0.1020.066 0.043 0.035 0.028 0.019 0.013 Period 25 0.780 510 0478 0.375 0.295 0.233 0.184 0.146 0.116 0.092 0.059 0.038 0.030 0.024 0.0160.010 - X i Reference mare senal ent 10% Vall Periods Period 1 Period 2 Period 3 Period 4 Period 5 Fesel valu Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Future Value of $1 1% 2% 4% 5% 6% 7% 8% 9% 12% 14% 15% 1.010 1.020 1.030 1.040 1.050 1.060 1.070 1.080 1.090 1.100 1.120 1.140 1.150 1.020 1.040 1.061 1.0821.103 1.124 1.145 1.166 1.1881.210 1.254 1.300 1.323 1.030 1.061 1.093 1.125 1.158 1.191 1.225 1.260 1.295 1.331 1.405 1.482 1.521 1.041 1.0821.126 1.170 1.216 1.262 1.311 1.360 1.412 1464 1.574 1.689 1.749 1.051 1.104 1.159 1.217 1.276 1.338 1.403 1.469 1.539 1.611 1.762 1.925 2.011 1.062 1.126 1.194 1.265 1.340 1.419 1.501 1.587 1.677 1.772 1.974 2.1952.313 1.072 1.149 1.230 1.316 1.407 1.504 1.606 1.7141.828 1.949 2.211 2.502 2.660 1.083 1.172 1.267 1.369 1.477 1.594 1.718 1.851 1.993 2.144 2.476 2.853 3.059 1,094 1.195 1.305 1.423 1.551 1.689 1.838 1.999 2.172 2.358 2.773 3.252 3.518 1.105 1.219 1.344 1.480 1.629 1.791 1.967 2.159 2.367 2.594 3.106 3.707 4.046 1.116 1.243 1.384 1.539 1710 1.898 2.105 2.332 2580 2.853 3.479 4.226 4.652 1.127 1.268 1.426 1.601 1.796 2.012 2.252 2.518 2813 3.138 3.896 4.818 5.350 1.138 1.294 1.469 1.665 1.886 2.133 2410 2.7203.066 3.452 4.363 5.492 6.153 1.149 1.319 1.513 1.732 1.980 2.261 2.579 2.937 3.342 3.798 4.887 6.261 / 7.076 1.161 1.346 1.558 1.801 2.079 2.3972.759 3.1723.642 4.177 5,474 7.1388.137 1.173 1.373 1.605 1.873 2.183 2.540 2.952 3.426 3.970 4.595 6.130 8.1379.358 1.184 1.400 1.653 1.948 2.292 2.693 3.159 3.700 4.328 5.054 6.866 9.276 10.76 1.196 1428 1.702 2.026 2.4072.854 3.380 3.996 4.717 5,560 7.690 10.58 12.38 1208 1.4571754 2.107 2.527 3.026 3.617 4.316 5.1426.116 8.613 12.06 1423 1220 1.4861 806 2.191 2.653 3.207 3.870 4.661 5.604 6.727 9.646 13.74 16.37 1232 1.516 1860 2.279 2.786 3.400 4.141 5.034 6.1097.400 10.80 15.67 18.82 1245 1.546 1916 2.370 2.925 3.604 4.430 5.4376.659 8.140 12.10 17.86 21.64 1257 1.577 1974 2.465 3.072 3.820 4.741 5.8717.258 8.954 13.55 20.36 24.89 1270 1.6082033 2.563 3.225 4.049 5.0726.341 7.911 9.850 15.18 23.2128.63 1.282 1.641 2.094 2.666 3.386 4.292 5.427 6.848 8.623 10.83 17.00 26.46 32.92 Period 16 Period 17 Period 18 Period 19 Period 20 Period 21 Period 22 Period 23 Period 24 Period 25 Ids Print Done Reference fortu able. 5% ole.) each cenal Present Value of Ordinary Annuity of $1 Periods 1% 2% 3% 4% 6% 7% 8% 9% 10% 12% 14% 15% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 0.893 0.877 0.870 0.862 0.8470.833 Period 2 1.970 1942 1.913 1.886 1859 1.833 1.808 1.783 1759 1.736 1.690 1647 1.626 1.605 1.566 1.528 Period 3 2.9412884 2.8292.775 2.723 2673 2.624 2577 2.531 2487 2402 2.322 2.283 2.246 2.174 2.106 Period 4 3.902 3.808 3.717 3.630 3.546 3.465 3.3873.312 3.240 3.170 3.037 2.914 2.856 2.798 2.690 2.589 Period 5 4.8534713 4.5804452 4.3294212 4.100 3.993 3.890 3.791 3.605 3.433 3.35232743.127 2.991 Period 6 5.7955601 5.417 5.242 5.076 4.917 4.767 4623 44864.355 4.111 3.889 3.784 3.685 3.498 3326 Period 7 6.728 6.472 6.230 6.002 5.786 5,582 5.3895206 5.033486845644288 4.1604.039 3.812 3 605 Period 8 7.652 7.325 7.020 6.733 64636210 5.971 57475.535 5335 4.968 463944874.344 4.078 3.837 Period 9 8,5668.162 7.786 7435 7.108 6.802 6.5156247 5.995 5.759 5.328 4.946 | 4.772 4.6074309 4031 Period 10 9.471 8.983 8.530 8.111 7.722 7.360 70246.710 6.4186.145 5.650 5.216 5.019 4.833 4494 4. 192 Period 11 10.368 9.787 9253 8.760 8306 7.8677499 7.139 6.805 6.495 5.938 5.453 5.2345,029 4.6564327 Period 12 11.255 10.575 9.954 9.385 8.8638.384 7.9437.536 7.1616.814 6.1945.660 5.421 5.1974.793 4439 Period 13 12.134 11.348 10.6359.986 9.3948.853 8.358 7.904 7487 7.103 6.42458425.583 5.342 4.910 4533 Period 14 13.004 12.105 11.296 10.563 9899 0.295 8.745 8.244 7.786 7.367 6.628 6.002 5.724 5468 5.0084611 Period 15 13.86512849 11.938 11.118 10 3809712 9.108 8.559 8.061 7.6066.8116.142 5.8475575 5.092 4.675 Period 16 14.718 13.578 12.561 11.052 10.838 10.106 94478.851 8.313 7.8246.9746 265 5.9545.669 5.162 4.730 Period 17 15562 14.292 13.166 12.166 11.274 10.477 8.763 9.122 8,544 8.022 7.120 6373 6.047 5.749 5.2224775 Period 18 16,398 14.992 13.754 12659 11.690 10.828 10.059 9.3728.756 8201 7.250 64676.1285.818 5.2734812 Period 19 17226 15.678 14,32413.134 12.085 11.158 10.336 9.604 8.950 8.3657.3666.550 6.198 5877 5.3164844 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 10.5949.818 9.129 8.5147460 6.623 6.250 5.9295.353 4870 Period 21 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 9.292 8.6497.5626.6876.3125.97353844891 Period 22 19.880 17.658 1593714451 13.163 12.012 11.061 10.2019.4428.7727.645 67436.359 6011 5410 4.909 Period 23 20.456 18.292 16 444 14.857 13.489 12.303 11 272 10.371 9.5808.8837.718 67926,3996.044 5.432 4925 Period 24 21.243 18.914 16.936 15 247 13.790 12.550 11469 10.529 9.7078.985 7784 6835 6.4346.073 5451 4937 Period 25 22.023 19.523 17.413 15.622 14.094 12.783 11.654 10,675 9.8239.07778436.873 6.464 6.097 5,467 4.948 Print Done click i Reference WI 15% % Periods Period 1 Period 2 Period 3 Period 4 Period 5 end us Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 16 Period 17 Period 18 Period 19 Period 20 Future Value of Ordinary Annuity of $1 1% 2% 3% 5% 6% 7% 8% 9% 10% 12% 14% 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 1.000 2.010 2.020 2030 2.040 2.050 2.060 2.070 2.080 2.090 2.100 2.120 2.140 2.150 3.030 3.060 3.091 3.122 3.153 3.1843.215 3.246 3.278 3.310 3.374 3.440 3.473 4.060 4.122 4.184 4.246 4.310 4.375 4440 4.506 4.573 4.641 4.779 4.921 4.993 5.101 5.204 5.309 5.416 5.526 5.637 5.751 5.867 5.985 6.105 6.353 6.610 6.742 6.152 6.308 6.468 6.633 6.8026.975 7.1537.336 7.523 7.716 8.115 8.536 8.754 7.214 7434 7662 7.898 8.142 8.394 8.654 8.923 9.200 9.487 10.09 10.73 11.07 8.286 8.583 8.8929.214 9.549 9.897 10.260 10.64 11.03 11.44 12.30 13.23 13.73 9.369 9.755 10.16 10.58 11.03 11.49 11.98 1249 13.02 13.58 14.78 16.09 16.79 10.46 10.95 11.46 1201 12.58 13.18 13.82 14.49 15.19 15.94 17.55 19.34 20.30 11.57 12.17 12.81 13.49 1421 14.97 15.78 16.65 1756 18.53 20.65 23.04 24.35 12.68 13.41 14,19 15.03 15.92 16.87 17.89 18.98 20.14 21.38 24.13 27.27 29.00 13.81 14.6B 15.62 16.63 17.7118.88 20.14 21.50 22.95 24.52 28.03 32.09 34.35 14.95 15.97 17.09 18.29 19.60 21.02 22.55 2421 26.02 27.98 32.39 37.58 40.50 16.10 17.29 18.60 20.02 21.58 | 23.28 25.13 27.15 29.36 31.77 3728 43.84 47.58 17.26 18.64 20.16 21.8223.66 25.67 27.89 30.32 33.00 35.95 42.75 50.98 55.72 18.43 20.01 21.76 23.70 25.84 28.21 30.84 33.75 36.97 40.54 48.88 59.12 65.08 19.61 21.41 2341 25.65 28.13 30.91 34.00 37.45 41.30 45.60 55.75 68.39 75.84 20.81 2284 25.12 27.67 30.54 33.76 37 38 41.45 46.02 51.16 63.44 78.97 88.21 22.02 24.30 26.87 29.78 33.07 36.79 41.00 45.76 51.16 5728 72.05 91.02 102.4 23 24 25.78 28.68 31.9735.72 39.99 44.87 50.42 56.76 64.00 81.70 104.8 118.8 24.47 27.30 30.54 3425 38.51 43.39 | 49,01 55.46 62.87 71.40 92.50 120.4 137.6 25.72 28.85 3245 36.62 41.43 47.00 53.44 60.89 69.53 79.54 104.6 138.3 159.3 26.97 30.42 34 43 39.08 44.50 50.82 58.18 66.76 78.79 88.50 118.2 158.71842 28.24 32.03 36.46 41.66 47.73 54.86 63.25 73.11 84.70 98.35 133.3 181.9 212.8 Period 21 Period 22 Period 23 Period 24 Period 25 Print Done Chec 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