Use the interest tables contained at the end of the textbook and/or a financial calculator to do the following exercises. If you receive an inheritance in the amount of $150,000 today or $25,000 each year, calculate the future value of both options by the end of the tenth year. Assume a 10% interest rate.
-Option 1 ($150,000 today) would give you ___________________________.

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The Answer of   Use the interest tables contained at the end of the textbook and/or a financial calculator to do the following exercises. If you receive an inheritance in the amount of $150,000 today or $25,000 each year, calculate the future value of both options by the end of the tenth year. Assume a 10% interest rate.
-Option 1 ($150,000 today) would give you ___________________________.

Use the Interest Tables Contained at the End of the Textbook