A cash-strapped young professional offers to buy your car with four, equal annual payments of $3,000, beginning two years from today. Assuming you're indifferent to cash versus credit, that you can invest at 10%, and that you want to receive $9,000 for the car, should you accept?

Question 27 options:

	Yes; present value is $9,510.
	Yes; present value is $11,372.
	No; present value is $8,645.
	No; present value is $7,461.