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. $8,550 a year at the end of each of the next seven years

2. $50,250 (lump sum) now

3. $99,850 (lump sum) seven years from now

Calculate the present value of each scenario using an 8% interest rate. Which scenario yields the highest present value? Would your preference change if you used a 12% interest rate?

Thank you! (:

Your grandmother would like to share some of her fortune with you She offers to give you money under one of the following 1. $8,550 a year at the end of each of the next seven years 2. $50,250 (lump sum) now 3. $99,850 (lump sum) seven years from now Calculate the present value of each scenario using an 8% interest rate which scenario yields th e highest present value? Click the icon to view the present value annuity factor tabl)Cick the icon to view the present value facto (Cick the icon to view the future value annuity factor table) (Click the icon to view the future value factor tab Using an 8% interest rate, calculate the present values for each scenario (Round the amounts to the nea Present value Scenario 1 Scenario 2 Scenario 3 Which scenario yields the highest present value? I appears to be the best option Based on an 8% interest rate, its present value is the Using a 12% interest rate, calculate the present values for each scenario (Round the amounts to the nearest dollar) Present value Scenario 1 Scenario 2 I Enter any number in the edit fields and then continue to the next question. O Type here to search