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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

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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): 1. $7,750 per year at the end of each of the next seven years 2. $48,750 (lump sum) now 3. $98,150 (lump sum) seven years from now (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity 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): 1. $7,750 per year at the end of each of the next seven years 2. $48,750 (lump sum) now 3. $98,150 (lump sum) seven years from now (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity

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