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Your grenefamer has oferec you a choice of ore of the three folowing aternatives $12000 now, $6.000 a year for six years, or $76,000 at
Your grenefamer has oferec you a choice of ore of the three folowing aternatives $12000 now, $6.000 a year for six years, or $76,000 at the end of ux years. Use Agpeadiend doedti for an sepromate answer but catculete your fira awer sng me formula and tinancial caiculator metads. 0 Atuming you cocle eam t0 percert annualy compute the present velue of enh atematve (Da not round intermediate caicuietians. Round your finai answers to 2 decimal places
ance $6,000 received each year for six years O $12,000 received now b-1. If you could earn 11 percent annually, compute the present value of each intermediate calculations. Round your final answers to 2 decimal places.) Present Value $ $ $ 12,000 6,000 76,000 b-2. Which alternative should you choose? $76,000 received at end of six years $6,000 received each year for six year $12,000 received now
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