Question: Please help me solve this question. I need help 2 value: I 10.00 points Julie has just retired. Her company's retirement program has two options

Please help me solve this question. I need help

Please help me solve this question. I need help 2 value: I

2 value: I 10.00 points Julie has just retired. Her company's retirement program has two options as to how retirement benets can be received. Under the rst option, Julie would receive a lump sum of $129,000 immediately as her full retirement benet. Under the second option, she would receive $18,000 each year for six years plus a lump-sum payment of $55,000 at the end of the six-year period. Use Excel or a financial calculator to solve. Round answers to the nearest dollar. Required: 1a. Calculate the present value for the following assuming that the money can be invested at 12%. Total present value _ 1b. If you can invest money at a 12% return, which option would you prefer? 0 First option 0 Second option

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