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really struggling with this one Your grandmether...

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Accounting

really struggling with this one
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Your grandmether would like to share some of her fortune with you She offers to give you money under one of the following sconarios (you get to choose) 1. 58,750 a year at the end of each of the next seven years 2. 548,750 (fumb sum) now 3. $99,350 (fump sumb) seven years from now Calculate the present value of each sconano using a 6% interest rate. Which scenario ywelds tho highost present value? Would your preference change if you used a 12 . nterest race? (Click the icon to viow the prosent vake annuty factoc table' (Cack the icon to view the present value lactor table.) (Cick the icon to view the future value annuly factor tabio.) (Click the icon to view be fudure wave foctor table). Using a o\% interest rale, calculate the present vilues foe each scenane (Round the amoonts to the noocit dollac) Present vahue of Scenario 1 Present Value of Annuity of $1 Future Value of Annuity of $1 Present Value of $1 Future Value of $1

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