Alex Meir and Weimer Corp - Answer each of the following...

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Answer each of the following independent questions. 1. 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 $18,600 beginning one year from today. a. Assuming an interest rate of 6%, determine the Present value for the above options. (Use PVA of $1) (Round "PV Factors" to 5 decimal places and final answers to the nearest dollar amount.)
b. Which option should Alex choose?
2. The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2022. Weimer will make annual deposits of $185,000 into a

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