A company has to select the best alternative among the following three alternatives based on present worth

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A company has to select the best alternative among the following three alternatives based on present worth method of comparison by assuming an interest rate of 12%. Find out the best alternative.

Initial Deposit Period of Matured Amount Alternative (Z) Deposit (Yrs.) (Z)

1 100,000 10 700,000 2 100,000 15 1,200,000 AppendixLO1

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