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1. As winner of a breakfast cereal competition, you can choose one of the following prizes: (a) $100,000 now (b) $180,000 at the end of

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1. As winner of a breakfast cereal competition, you can choose one of the following prizes: (a) $100,000 now (b) $180,000 at the end of five years $11,400 a year forever (cl) $19,000 for each of ten years (e)$6,500 next year and increasing thereafter by 5% a year forever If the interest rate is 12%, which is the most valuable prize

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