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a. Find the value today of each alternative. b. Are all the alternatives acceptablethat is, worth at least $23,000 today? c. Which alternative, if any,

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a. Find the value today of each alternative. b. Are all the alternatives acceptablethat is, worth at least $23,000 today? c. Which alternative, if any, will you take? a. The present value of Alternative Ais $. (Round to the nearest cent.) The present value of Alternative B is $ (Round to the nearest cent.) The present value of Alternative C is $. (Round to the nearest cent.) b. Are all the alternatives acceptable--that is, worth at least $23,000 today? (Select the best answer below.) No Yes c. Which alternative, if any, will you take? (Select the best answer below.) O A. Alternative B OB. Alternative A OC. Alternative D. None Ex Data Table (Click on the con located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Alternative Single amount $25,000 at the end of 3 years $65,000 at the end of 9 years $175,500 at the end of 20 years B C Print Done Time value comparisons of single amounts Personal Finance Problem in exchange for a $23.000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table: Your opportunity cost is 9%. a. Find the value today of each alternative. b. Are all the alternatives acceptable that is worth at least $23.000 today? c. Which alternative, if any, will you take? a. The present value of Alternative Ais $(Round to the nearest cent.) The present value of Alternative B is $. (Round to the nearest cent.) The present value of Alternative is $(Round to the nearest cent.) b. Are all the alternatives acceptable--that is worth at least $23,000 today? (Select the best answer below.) No Yes c. Which alternative, if any, will you take? (Solect the bost answer below) A. Alternative B OB. Alternative A OC. Alternative C OD. None Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Alternative Single amount A $25,000 at the end of 3 years $65,000 at the end of 9 years $175,500 at the end of 20 years B Print Done

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