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1. (15 points) Your grandfather has offered you a choice

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1. (15 points) Your grandfather has offered you a choice

III. Calculation (30 points)
1. (15 points) Your grandfather has offered you a choice of one of the three following alternatives: $4500 now; S1000 at the beginning of each period for six years, or $8000 at the end of six years. Assuming you could earn 12% annually.

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1. (15 points) Your grandfather has offered you a choice

Perfect 1. (15 points) Your grandfather has offered you a choice

1. (15 points) Your grandfather has offered you a choice

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