Homework: Chapter 14 Homework Question 11, SF14A-13 (similar to) Your grandfather would like to share some of his fortune with you. He offers to give you money under one of the following scenarios (you get to choose) (Click the icon to view the scenarios) Click the icon to view Present Value of $1 table) Click the icon to view Future Value of $1 table) Click the icon to view Present Value of Ordinary Annuity of $1 table) Click the icon to view Future Valve Ordinary of Annuity of $1) Requirement 1. Calculate the present value of each scenario using a 6% discount rane Which scenario yields the highest present value? begin by calculating the present value of each scenario using a % discount rate (Round the amounts to the nearest do) Present value of Scenario 1- More info HW Score: 53.3%, 0.06 of 17 points O Points: 0 of 1 Save Requirements 1. Calculate the present value of ach scenario using a 6% discount rate Which sceneto yeide the highest present value? Round to ne no 2. Would your preference change if you used a 10% discount rate? Print Done 1. $7.750 per year at the end of each of the five years 2. $47.50 pump sum now 3. $100.850 (ump sum five years from now Print Done