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Your grandmother would be to share some of the fortune we you so offers to give you moins under one of the totowing scenario (you
Your grandmother would be to share some of the fortune we you so offers to give you moins under one of the totowing scenario (you get to choos) 1 50,000 a year at the end of each of the next eight years 2 550.050 um sum) now 3. $90,350 dump sum) eight years from now Calculate the present value of each scenario using an interest rate which conano yields the highest present ? Would your preference change it you used a 10% interest Click the boon to view the present value annuity factor tale (Click the icon to the present a factor table) (the icon to view the future value annuity factor table> Cak the icon to view the future we factor table Using an interest rate, calculate the present values for ach scenario Round the amounts to the nearest do Present value of Scenario 1
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