Yout crandmoher woud tha to shysu some of her fortune with you. she offers to give you money under one of the following sceharios (you get lo choose) 1. \$7,750 a year at the end of eoch of the ned seven yoan 2. 550,250 Qump sum) now 2. $100,250 (.ump ism) seven years from now Calculate the present value of each scenaro using an 6% interest raso. Which woenario vields the hightest present value? Would your preforence change if you used a 12% inlerest rate? (Cick the ioon to vitw the present value arnuaty factor lablo ) (Cick the icon to view the presect value factor tabio.) (Cick the loon to view the future value afnuity facior table.) (Cick the icon to view the future value factor table.) Using an 8% intorest ralo, calculate the peesent values for esch scenario. (Round the amounts to the nearest dolac) Present value of Scenano 1 Present Value of Annuity of $1 change if you used a 12% int Future Value of Annuity of $1 Present Value of $1 change if you us Future Value of $1