Please help me a. determine the most cost effective way to pay for an asset from 3 payment arrangements: Option 1- R15 000 per month for 10 years. Option 2- R14 850 per month for 10 years starting from today. Option 3- A lump sum payment of R3 500 000 at the end of 10 years. If interest is 12%, which option is the most cost effective?

b.) What is the present value of a R2500 annual perpetuity that starts at the end of 4 years if interest is 5%? Draw a timeline as part of your solution. ​

Questions 9-10. use the table of educational expenditures to answer the questions. k-12 education expenditures population indiana $9.97 billion 6.6 million illinois $28.54 billion 12.9 million kentucky $6.58 billion 4.4 million michigan $16.85 billion 9.9 million ohio $20.23 billion 11.6million 9. if the amount of k-12 education expenses in indiana were proportional to those in ohio, what would have been the expected value of k-12 expenditures in indiana? (give the answer in billions rounded to the nearest hundredth) 10. use the value of k-12 education expenditures in michigan as a proportion of the population in michigan to estimate what the value of k-12 education expenses would be in illinois. a) find the expected value of k-12 expenditures in illinois if illinois were proportional to michigan. (give the answer in billions rounded to the nearest hundredth) b) how does this compare to the actual value for k-12 expenditures in illinois? (lower, higher, same? )