Question: https:// pter 6 Help Save & Exit Submi John Roberts is 55 years old and has been asked to accept early retirement from his company.
https:// pter 6 Help Save & Exit Submi John Roberts is 55 years old and has been asked to accept early retirement from his company. The company has offered John three alternative compensation packages to induce John to retire EvofSIPVof $1, FVAof $1 P Aorst FVADOS1 and PVADoSI) (Use appropriate factor(s) from the tables provided.) 1. $170,000 cash payment to be paid immediately. 2. A 15-year annuity of $20,000 beginning immediately. 3. A 10-year annuity of $60,000 beginning at age 65. Required Determine the present value, assuming that he is able to invest funds at a 9% rate, which alternative should John choose? PV Next>
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