A rational person would prefer which of the following cash flows.

a. $5,000 per year for 10 years with the first payment made one year from today

b. $5,000 per year for 10 years with the first payment made today

c. $50,000 paid today

d. $25,000 paid today and $25,000 paid next year

e. $49,000 paid today

enter a, b, c, d or e

What is the value today of a money machine that will pay $3,181.00 per year for 15.00 years? Assume the first payment is made one year from today and the interest rate is 5.00%.

What is the value today of a money machine that will pay $3,757.00 per year for 12.00 years? Assume the first payment is made 6.00 years from today and the interest rate is 11.00%.

What is the value today of a money machine that will pay $3,599.00 every six months for 17.00 years? Assume the first payment is made six months from today and the interest rate is 15.00%.

What is the value today of a money machine that will pay $4,277.00 every six months for 13.00 years? Assume the first payment is made 5.00 years from today and the interest rate is 9.00%.