$$8,550$ per year at the end of each of the next eight years

$$48,750($lump sum$)$ now

$$99,850($lump sum$)$ eight years from now

$($Click the icon to view Present Value of $$1$ table.$)$

$($Click the icon to view Present Value of Ordinary Annuity of $$1$ table.$)$

Read the requirements.

Calculate the present value of each scenario using an $8\%$ discount rate Which scenario yields the highest present value? Round to the nearest whole dollar

Would your preference change if you used a $12\%$ discount rate?

$$

kelerence

Reference

$\backslash$table$[[$Present Value of $S1$