Betty Thomas has a \$2,800 overdue debt for medical books and supplies at Joe's Bookstore. She has only $940 in her checking account and doesn't want her parents to know about this debt. Joe's tells her that she may settle the account in one of two ways since she can't pay it all now: Pay $940 now and $2,150 when she completes her residency, 2 years from today. Pay $3,740 one year after completion of residency, 3 years from today. Assuming that the cost of money is the only factor in Betty's decision and that the cost of money to her is 6%, which alternative should she choose? (Round foctor values to 5 decimal places, es. 1.25124 and final answers to O decimal places, e. 3.458,581 ) Click here to view factor tables Present Value of Alternative Present Value of Alternative On the present value basis, is preferable