there are only two options. either one loan number or the other loan number

Milly's father has offered to give her one of the following two options: 1. a cash gift of $1,000 now, or 2. an interest free loan of $15,000 now. The loan would be repaid in five equal annual payments over the next five years. Assume Milly's opportunity cost of funds is 14%. In present value terms, which option is better for Milly, and how much better is it? The loan, by $5,830.31 No answer text provided. The loan, by $3.700.76 No answer text provided. Milly's father has offered to give her one of the following two options: 1. a cash gift of $1,000 now, or 2. an interest free loan of $15,000 now. The loan would be repaid in five equal annual payments over the next five years. Assume Milly's opportunity cost of funds is 14%. In present value terms, which option is better for Milly, and how much better is it? The loan by $5.830.31 No answer text provided. The loan by $3,700.76 No answer text provided