Question: please anwer, will give thumbs up. 07 5 5 points Alex Meir recently won a lottery and has the option of receiving one of the

please anwer, will give thumbs up.
please anwer, will give thumbs up. 07 5 5 points Alex Meir
recently won a lottery and has the option of receiving one of
the following three prizes (1) $92,000 cash immediately. (2) $36,000 cash immediately

07 5 5 points Alex Meir recently won a lottery and has the option of receiving one of the following three prizes (1) $92,000 cash immediately. (2) $36,000 cash immediately and a six-period annuity of $9,500 beginning one year from today, or (3) a six-period annuity of 518,600 beginning one year from today (FV of $1. PV of $1. EVA of 51. PVA of $1. FVAD of S1 and PVAD of $1 (Use appropriate factor(s) from the tables provided.) 1. Assuming an interest rate of 6%, determine the present value for the above options. Which option should Alex choose? 2 The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2030 Weimer will make annual deposits of $185,000 into a special bank account at the end of each of 10 years beginning December 31, 2021. Assuming that the bank account pays 7% interest compounded annually what will be the fund balance after the last payment is made on December 31, 2030? eBook ASK References Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assuming an interest rate of %determine the present value for the above options. Which option should Alex choose? (Round your final answers to nearest whole dollar amount) Annuity Immediate PV Annuity Payment Casti PV Option Option 1 5 Option 2 Option 3 0 + = + $ + $ 5 31, 2030 Complete this question by entering your answers in the tabs below. Ints Required 1 Required 2 Assuming an interest rate of 6%, determine the present value for the above options. Which option should Alex choose? (Round your final answers to nearest whole dollar amount.) eBook Hint ASK PV Annalty Immediate Cash PV Option References Annuity Payment Option 1 Option 2 Option 3 Which option should Alex choose? + $ 5 5 0 0 0 (Required 1 Required 2 > 5 31, 2030? Complete this question by entering your answers in the tabs below. pints Required 1 Required 2 eBook Hint The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2030. Weimer will make annual deposits of $185,000 into a special bank account at the end of each of 10 years beginning December 31, 2021. Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31, 2030? (Round your final answers to nearest whole dollar amount.) Show less ASK References Table or calculator function Payment n- Future value

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