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14. Consider the following four alternatives: 1. $132 received in two years. 2. $160 received in five years. 3. $200 received in eight years. 4.
14. Consider the following four alternatives: 1. $132 received in two years. 2. $160 received in five years. 3. $200 received in eight years. 4. $220 received in ten years. The ranking of the four alternatives from most valuable to least valuable if the interest rate is 7% per year would be: A) 1, 2, 3, 4 B) 4, 3, 2, 1 C) 3, 4, 2, 1 D) 3, 1, 2, 4 E) 3, 1 = 2, 4
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