Your grandmother would like to share some of her fortune with you. She offers to give you money under one of the following scenarios (you get to choose 1. 58,750 a year at the end of each of the next seven years 2. $48,750 (ump sum) now 3. 599,350 (ump sum) seven years from now Calotate the present value of each cantouing a 0% interest rate. Which scenario yields the highest presentad? Would your preference change if you used a 12% interest rate? Click the icon to view the present Value annuity factor table) Click the icon to view the present value factor table) (Click the icon to view the Buure value annuity factor table) Click the con to view the value factore Uning som intorst tato, cakutule the present viatues for each scenario (Round the amounts to be nearest dekat) Present value of Scena 1 Present value of no 2 Presale of Scarlo Which somatold the highest recent ? dans to be the best option. Based on a Winterest rate its presente is the Lining a 12 interest to calculate the present values for each soni Hound the wronts to the coat Prese value of 1 Present value of nano 2 Presen vals of Scans to be the best condona 12 interpreta - x Present value of annuity of $1 intere Present Value of Annuity of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.990 0.980 0.9710.962 0.9520.943 0.926 0.909 08930.877 0.862 0.847 0.833 Period 2 1.970 1.942 1913 1886 1859 1.833 1783 1.736 1.690 1647 1.605 1.566 1.528 Period 3 2941 2.884 28292.775 2.723 2673 2.577 2487 2.402 2322 2.246 2.174 2.106 Period 4 3.902 3.808 3717 3.630 3.546 3.465 3.312 3.1703.037 2.914 2798 2.690 2589 Period 5 4.853 4713 4580 4.452 4.329 4.212 3.993 3.791 3.605 34333274 3.127 2 991 Period 6 5.795 5.601 5.417 5242 50 4.917 4.623 4.355 4.111 3.8893.685 3.498 3.326 Period 7 6.728 6.472 6.230 6.002 5786 55825.206 4.86845644 288 4.039 3.812 3.605 Period 87.6527325 7020 6.733 6.463 6.210 5.747 5335 49684.639 4.344 4.078 3.837 Period 9 8.566 8.1627.786 7.4357.108 6.802 6247 5.759 532849464.607 4,303 4.031 Period 10 9.471 8.9838.530 8.1117.7227.360 6.710 6.145 5.6505216 4.833 4.494 4.192 Period 11 10.368 9.787 9 253 876083067.887 7.139 6.495 5.938 5453 5.029 4.656 4.327 Period 12 11 255 10.575 9.954 93858.8638.384 7536 6.8146.1945.6605.197 4.793 4439 Period 13 12 134 11.348 10.635 9.986 9.3948.853 7904 7 103 6.424 5.8425342 49104533 Period 14 13.004 12 106 11.296 10.563 9899 9.295 8.24473676.6286.002 5468 5008 4611 Period 15 13.865 12.849 11.938 11.11810.380 9.712 8.559 7.606 6.811 6.142 5.575 5.0924 4.675 Period 20 18.046 16 351 14877 13.590 12.462 11470 9.818 8.514 7.4696 623 5.9295353 4870 Period 25 22.023 19.52317413 15.622 1409412.783 106759.07778436.8736.097 5.467 4948 Period 30 25.808 22 396 19 600 17.292 15372 13.765 11.258 9 4278.055 7.003 6.1775517 4979 Period 40 32,835 2735523.115 19.793 17 159 15.046 11.925 97798.24471056 233 5548 4.997 8977 Future Value of Annuity of S1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 1000 1000 1.000 1.000 1.000 1.000 1.000 1.000.000 1000 1.000 1.000 1.000 Period 2 2010 2020 2030 2040 2050 2.060 2080 2100 2.120 2.140 2 160 2180 2.200 Period 3 3.0303.060 3091 3.122 3.153 3.1843.2463 3103374 3440 3506 3.572 3.640 Period 4 4,060 4.122 4.184 4246 4.310 4 375 4.506 | 4.641 4779 4921 5.066 5.215 5368 Period 5 5.101 5.204 53095.416 5.5265.637 5.867 | 6.105 6353 6.610 6.877 7.154 7 442 Period 6 6.152 6.308 6468 6.633 6.8026.975 | 7.3367716 8.115 8.536 9442 9.930 Period 7 7.214743476627 8988.142 8.3948.9239.487 10.08910730 11414 12 142 12916 Period 8 82868.5838892 92149.549 9.897 10.637 1143612 300 13.233 14240 15 327 16.499 Period 9 9,369 9.755 10.15910583 11.027 11.49112.488 13.579 14776 16 085 17519 19.086 20.799 Period 10 10.462 10.950 11 464 12006 12578 13.181 14.48715.93717549 19337 21321 23521 25.959 Period 11 11.567 12.16912808 13,486 14 207 14.972 16,645 18531 20655 23.045 25.733 28.755 32.150 Period 12 12.683 13.412 14 192 15026 15.917 16.870 18,977 21 384 24 133 27 271 30 850 34 931 39.581 Period 13 13.809 14.68015618 16 627 17.713 18.882 21.495 24,523 28.029 32 089 36 786 42.219 48 497 Period 14 14 947 15,974 17.086 18 292 19.599 2101524 215 27 975 32 393 37581 43.672 50818 59.196 Period 15 16.097 17 29318.59920024 21 579 23.276 27.152 31.772 37.280 43.842 51660 60 965 72035 Period 20 22019 24 297 26.870 29 778 33.066 36.786 45.762 57.27572052 91 025 115,380 146.628186.688 Period 25 28 243 3203036 459 41 646 47727 54865 73.106 98.347 133 334 181.871 249.214 342.603 471.981 Period 30 34785 40.568 47.575 56,085 66.439 79058 113.283 164.494 241.333356787 530 312 790.948 1,181.882 Period 40 48.896 60.40275401 95026120.800 154.762259,057 442 593 767.091 1342025 2360.757 4163 213 7 343.858 Present value of $1 x Present Value of $1 Periods 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% Period 1 0.990 0.980 0.971 0.962 0.952 0.943 0.926 0.909 0.893 0.8770.862 0.847 0.833 Period 20.980 0.9610.943 0.925 0.90708900.857 0.826 0.797 0.769 0.743 0.7180.694 Period 3 0.971 0.942 0.915 0.889 0.864 0.840 0.794 075107120675 0.641 06090.579 Period 4 0961 0.924 0.888 0.855 0.823 0.792 0735 0.683 0.636 0.592 0.552 0.516 0.482 Period 5 0.951 0.906 0.863082207840.747 0.681 0.621 0.567 0.519 0476 0.437 0.402 Period 6 0.942 0.888 0.837 0.790 0.746 0.705 0.6300.564 0.507 0.456 04100370 0.335 Period 70.933 0.871 0.813 0.76007110.665 0583 0.513 0.452 0.400 0.354 0.314 0.279 Period 8 0.923 0.853 0.789 0.731 0.677 0.627 0.540 0.467 0.404 0.3510.305 0.266 0.233 Period 90.914 0.837 0.766 0.703 0.6450.592 0.500 0.424 0,361 0.308 0263 0.225 0.194 Period 100.905 0.820 0.744 0.676 0.614 0.558 0.463 0.386 0.322 0.270 0 227 0.1910.162 Period 11 0.896 0.8040.722 0.650 0.5850527 0.429 0.350 0.287 0237 0.195 0.162 0.135 Period 12 0.887 0.788 0.701 0.625 0.5570497 0.397 0.319 0.257 0.208 0.168 0.137 0.112 Period 13 0.879 0.773 0.681 0.601 0.530 0.469 0.368 0.290 0.229 0.1820.145 0.116 0.093 Period 14 0.870 0.758 0.661 0.577 0.505 0.442 0.340 0263 0.205 0.160 0.125 0.099 0.078 Period 15 0.861 0.743 0.642 055504810417 0.3150239 0.183 0.140 0.108 0.084 0.065 Period 200.820 0.673 0.554 0.456 0.37703120.215 0.149 0.104 0.073 0.051 0.037 0.026 Period 25 0.780 0.610 0.478 0.375 0.2950 233 0.146 0.092 0.0590038 0.024 0.016 0.010 Period 30 0.742 0.552 0.412 0.308 0.231 0.1740099 0.057 0.033 0.0200.012 0.0070004 Period 400 672 0.453 0.3070208 0.1420.097 0.046 0.022 0.0110.005 0.003 0.001 0.001 Future value of $1 27 Periods Period 1 Period 2 Period 3 Period 4 Period 5 Period 6 Period 7 Period 8 Period 9 Period 10 Period 11 Period 12 Period 13 Period 14 Period 15 Period 20 Period 25 Period 30 Period 40 Future Value of $1 1% 2% 3% 4% 5% 6% 8% 10% 12% 14% 16% 18% 20% 1010 1020 1030 1.040 1050 1.060 1080 1.100 1.120 1140 1.160 1.180 1200 1.020 1.040 1.061 1082 1.103 1.124 1.166 1.210 1.254 1.300 1.346 1.392 1.440 1.030 1.061 1.093 1.125 1.158 1.191 1.260 1.331 1.405 1.482 1.561 1.643 1.728 1.041 1.0821.126 1.170 1.216 1.262 1.360 1.464 1574 1689 1.811 1.939 2074 1.051 1.104 1.159 1.217 1.2761.338 1.469 1.611 1.762 1925 2.100 2288 2.488 1.062 1.126 1.194 1.265 1.340 1.419 1.587 1.772 1.974 2195 2436 2.700 2.986 1.072 1.149 1230 1316 1.407 1.504 1714 1.949 2211 2502 2826 3.185 3583 1.083 1.1721267 1.369 1477 1594 1.851 2.1442476 2853 3278 3.759 4.300 1.094 | 1.195 1.305 1.423 1.551 1.689 1.99923582.773 | 3.252 3.803 4.435 5.160 1.105 1219 1.3441.480 1.629 1.791 2.159 2594 3.106 3.707 4411 5.234 6.192 1.116 12431384 1.539 1.710 1.898 2.33228533.479 4.226 5.1176.176 7430 1.127 1268 1426 1.601 1.796 2012 2.518 3.138 3.896 4.818 5.9367288 8.916 1.138 12941.469 1.665 1.886 2133 2720 3.452 4.363 5492 6.8868.599 10.699 1.149 1319 1.513 1.732 1980 2261 2.937 3.797 4.887 62617.988 10.147 12839 1.161 1346 1.558 1.8012.079 2 397 3.172 4.177 5.4747.1389266 11.974 15,407 1.220 1.486 1.806 2.1912 653 3.207 4.6616.727 9.646 13.743 19.461 27.393 38.338 1 282 1641 2094 2.666 3386 4 292 6 848 10.835 17.000 26.462 40.874 62 669 95 396 1 348 1.811 24273243 4322 5743 10.063 17.449 29.960 50.950 85.850 143371 237.376 1 4892208 3.262 4.8017040 10 286 21725 4525993.051 188 884 378.721 750 378 1.469.772 Which scenario yields the highest present value? appears to be the best option. Based on a 6% interest rate, its present value is the Using a 12% interest rate, calculate the present values for each scenario. (Round the amounts to Present value of Scenario 1 Present value of Scenario 2 Present value of Scenario 3 Inghest lowest Which scenario yields the highest present value? appears to be the best option. Based on a 6% interest rate, its present value is the ite, calculate the present values for each scenario (Round the amounts to the nearest dollar) ario 1 Scenario 1 arlo 2 Scenario 2 Brio 3 Scenario 3 o be the best option. Based on a 12% interest rate, its present value is the