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.$7.250 per year at the end of each of the next sight years 2. 549 650 pump sum now 3 $96.650 (ump sum eight years from now Click the icon to view Present Value of $1 Read the mourements (Click the i to view Present Value of Ordinary Annuity of 11 table) Requirement 1. Calculate the present value of each scenario using on 8% discount rate Which scenario yields the highest present value? pound the factors to three deomal planes XXXXXound the rest the)