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. 57.400 per year at the end of each of the next seven years 2. $49.950 (lump sum) now 3. $98,150 (lump sum) seven years from now Click the icon to view Present Value of St table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) Present Value of $1 1% Periods 1 2 3 4 5 0.990 0.980 0.971 0.961 0.951 2% 0.980 0.961 0.942 0.924 3% 0.971 0.943 0.915 0.888 0.863 5% 0.952 0.907 0.864 0.823 0.784 6% 0.943 0.890 0.840 0.792 0.747 9% 0.917 0.842 0.772 0.708 0650 10% 0.909 0.826 0.751 0.683 0.621 14% 15% 0.877 0870 0.769 0.756 0.675 0658 0.092 0.572 0.519 0.497 16% 0.362 0.743 0641 0.552 0476 18% 0.847 0.718 0.609 0.516 0437 12% 0.893 0.797 0.712 0.636 0.567 0.507 0.452 0.404 0.361 0.322 20% 0.833 0.694 0.579 0482 0.402 0.906 6 7 8 9 10 0.942 0.933 0.923 0.914 0.905 0.888 0 571 0.853 0.837 0.820 4% 0.962 0.925 0.889 0.855 0.822 0.790 0.760 0.731 0.703 0.676 0.650 0.625 0.601 0.577 0.555 0837 0.813 0.789 0.766 0.744 0.746 0.711 0.677 0.545 0.614 7% 8% 0.935 0.926 0873 0.857 0.816 0.794 0.763 0.735 0.713 0681 0.6660.630 0.623 0.383 0.582 0540 0.544 0.500 0.508 0.463 0.475 0.429 0.444 0.397 0.415 0.368 0.358 0 340 0.362 0315 0.705 0.665 0.627 0.592 0.558 0.596 0547 0.502 0.460 0.422 0.564 0.513 0467 0.424 0.388 0,456 0.400 0.351 0.308 0.270 0.432 0.376 0.327 0.284 0.247 0410 0.354 0.305 0.283 0.227 0.335 0.279 0.233 0.194 0.162 0.370 0.314 0.266 0225 0.191 0.162 0.137 0.116 0.099 0.084 11 12 13 14 15 0896 0.887 0.879 0.870 0.561 0.804 0758 0.773 0.758 0.743 0.722 0.701 0.681 0.661 0.642 0.585 0557 0.530 0.505 0.481 0527 0497 0.469 0442 0.417 0.398 0.356 0.326 0.299 0.275 0.350 0319 0.290 0.263 0.239 0.287 0.257 0.229 0.205 0 183 0.237 0.205 0.182 D.180 0.140 0.215 0.187 0.163 0.141 0.123 0.195 0.168 0.145 0.125 0.108 0.135 0.112 0093 0.078 0.005 Print Done i Reference VINO VE UNO V. UNTI U. V. VE UZ TUO VT Vio VVD WU 16 17 18 19 20 0.623 0.605 0,587 0.570 0.554 0.458 0.438 0.416 0.396 0.377 0.394 0.371 0.350 0,331 0.312 0.339 0.317 0.296 0.277 0.258 0.292 0.270 0.250 0.232 0.215 0.252 0.231 0.212 0.194 0.178 0218 0.198 0.180 0.164 0.149 0.163 0.146 0.130 0.116 0.104 0.123 0.108 0.095 0.083 0.073 0.107 0.093 0.081 0.070 0.051 0.093 0.000 0.069 0.060 0.051 0.071 0.060 0.051 0.043 0,037 0050 0.045 0.038 0.031 0.026 0.853 0.728 0.844 0.714 0.836 0.700 0.828 0.686 0.820 0.673 0.811 0.660 0.803 0.647 0.795 0.634 0.788 0.622 0.780 0.610 0.772 0.598 0.764 0.586 0.757 0.574 0.749 0.563 0.742 0.532 0.672 0.453 0.534 0.513 0.494 0.475 0.456 0.439 0.422 0.406 0.390 0.375 21 22 23 24 25 0.538 0.522 0.507 0.492 0.478 0.359 0.342 0.326 0.310 0.295 0.294 0.242 0.278 0.226 0.262 0.211 0.24 0.197 0.233 0.184 0.199 0.184 0.170 0.158 0.148 0.164 0.150 0.138 0.126 0.116 0.135 0.123 0.112 0.102 0.092 0.093 0.083 0.074 0.066 0.059 0.064 0.056 0.049 0,043 0.038 0.044 0.038 0.033 0,028 0.024 0.031 0.026 0.022 0.019 0016 0.022 0018 0.015 0.013 0.010 0.053 0.046 0.040 0.035 0030 0.026 0.023 0.020 0.017 0.015 26 27 28 29 0.464 0.450 0.437 0.424 0.412 0.307 0.361 0.347 0.333 0.321 0.308 0.281 0268 0.255 0.243 0.231 0.220 0.207 0.196 0.185 0.174 0.097 00:54 0.172 0.161 0.150 0.141 0.131 0.135 0.125 0.116 0.107 0.099 0.106 0.098 0.090 0.082 0.075 0.084 0,076 0.069 0.063 0.057 0.053 0.047 0.042 0.037 0.033 0.033 0.029 0.026 0.022 0.020 0.021 0.018 0.016 0.014 0.012 0.014 0.011 0.010 0.005 0.007 0,001 0.009 0.007 0.006 0.005 0.004 0.001 0.032 0.022 0.011 0.004 0.005 0.067 0,003 0.142 0.208 0.046 0.021 2013 00019 nmi 003 0001 0001 0372 0.034 80A 0.228 0 141 07 Print Dane 5% Periods 6% 1 0.990 2 1970 3 2.941 4 3.902 5 4.853 2% 0.980 1942 2884 3,808 4.713 3% 0.971 1.913 2829 3.717 4580 0.962 1.886 2.775 3.630 4.452 0.952 1.859 2.723 3.546 4.329 12% 0.893 1.690 2402 3.037 3.605 14% 0.877 1.647 2.322 2.914 3.433 15% 0.870 1626 2.283 2855 3.352 16% 0.862 1.605 2.246 2.798 3.274 18% 0.847 1.566 2.174 2690 3.127 20% 0.833 1.528 2106 2599 2.991 6 7 B 9 10 5.795 6.728 7.652 8.556 9.471 5.601 6.472 7325 8.162 8.983 5.417 6.230 7.020 7.786 3.530 5.242 6.002 6.733 7.435 8.111 5.076 5.786 6.463 7.108 7.722 Present Value of Ordinary Annuity of $1 6% 7% 8% 9% 10% 0.943 0.935 0.926 0.917 0.909 1.833 1.808 1.783 1.759 1.736 2673 2.624 2.577 2.531 2.487 3.465 3.387 3312 3.240 3.170 4.212 4.100 3,993 3.890 3.791 4917 4.767 4.623 4.486 4355 5.582 5.389 5.206 5.033 4.868 6.210 5.971 5.747 5.535 5.335 6.802 6,515 6.247 5.995 5.759 7.360 7,024 6.710 6.418 6.145 7.887 7.499 7.139 6.805 6.495 8.394 7.943 7.536 7.161 8.914 8.853 9.359 7.904 7.487 7.103 9.295 8.745 8.244 7.786 7.367 9.712 9.105 8.559 8.061 7.606 4.111 4.564 4.968 5.328 5.650 3.784 4.160 4.487 4.772 5.019 3.685 4.039 4,344 4.607 4.833 3.495 3.812 4078 4303 4.494 3.326 3.605 3.837 4,031 4.192 3,889 4.288 4639 4.946 5.216 5.453 5.660 5.842 6.002 6.142 11 12 13 14 15 10.368 9.757 9.253 8.760 8.306 11.255 10.575 9.954 9.385 8.863 12.134 11 348 10.535 9.986 9.394 13.00412.108 11 296 10.563 9.899 13.555 12.849 11.938 11.118 10.380 5.938 6.194 5.424 6.628 6.811 5.234 5.421 5583 5.724 5.847 5.029 5197 5.342 5.468 5.575 4656 4,327 4.793 4439 4.910 4.533 5008 4.611 5.0924.675 of the OTEZ TOIT alue 7824 5669 16 17 13 19 20 nt vall 21 22 23 24 23 3.000 120 11.30 TITIO TUBO YTT W.100 ON OUDT 7.000 114.718 13.578 12.561 11.552 10.838 10.106 9.447 8.851 8.313 15.582 14 292 13.188 12.16 11.274 10.477 9.763 9.122 8,544 8.022 16.396 14.992 13.754 12,659 11.890 10.826 10.059 9.372 8.756 3.201 17 226 15678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 18.046 16.351 14.877 13.590 12.462 11470 10.5949.818 9.120 8.514 18.857 17.011 15.415 14.029 12.82111.784 10836 10.017 9.292 8.649 19.660 17.698 15.93714.451 13.163 12.042 11.081 10.201 9.442 8.772 20.456 18.292 16.444 14.857 13.489 12.303 11.272 10.371 9.500 8.883 21.243 18.914 16.936 15.247 13.799 12.550 11450 10.529 9.707 8985 22.02319,523 17.41315.622 14.09412.783 11.654 10.675 9.823 9.077 22.795 20.121 1787715.983 14.375 13.003 11.826 10.810 9.929 9.161 23 560 20.707 18.327 16 330 14.643 13.211 11.987 10.935 10.027 9.237 24 316 21.251 18.764 16.663 14.898 13 406 12.13711.051 10.118 9.307 25.066 21.844 19.158 16.984 15.141 13.591 12278 11.158 10.1909.370 25 808 22 396 19 600 17.292 15 372 13.765 12.409 11 258 10.2749.427 32 835 27.355 23.115 19.793 17 159 15.046 13.332 11.925 10.7579.779 10.1.1.18 151 152 15 6.974 6.265 5.954 7.120 6.373 5.047 7 250 6.467 0.128 7.366 6.550 6.198 74696.623 6.250 7.502 6.687 6.312 7.645 8.743 6.350 7.710 5.792 6.309 7.784 6.835 6.434 7.8436.873 7890 6.900 6.491 6 935 6.314 7.954 6.961 6534 6.983 6.551 8.055 7.003 6.566 T4010 5.1624730 5.749 5.222 4.775 5.818 5.2734812 5.877 5.316 4144 5.929 5.363 4,870 5973 5.384 4.091 6.011 3410 4500 6044 5.432 4.928 6.073 5.451 4.937 6.007 5.467 4948 6.118 3.480 4956 5.136 5492 6.1525502 4.970 6.168 55104975 6.177 5517 4.979 6.233 4997 7903 26 27 28 29 30 5022 optiod 8.244 71056642 ance ch 000 RW scena Print Done Done as and Requirement 1. Calculate the present value of each scenario using a 6% discount rate. Which scenario yields the highest present valuo? (Round the factors to the whole dollar) Present Value Scenario 1 Scenano 2 Scenario 3 appears to be the best option. Based on a B interest rate its present value is the Requirement 2. Would your preference change if you used a 12% discount rate? Compute the present value of each scenario using a 12% discount rate (Round the factors to three decimal places. X.XXX Round the present also to the rest Whois dollie Present Value Scenarios Scenario 2 Scenario 3 appears to be the best option. Based on a 12% interest rate its present value is the Enter any number in the edit fields and then continue to the next