Compare the economic values of two options given an annual rate of 7.5%. Option1 - $950in6months and $1,100in15 months. Option2 - $1,100in4 monthsand $950in 9 months.Which option has the greater economic value, in today's dollars?

Question 7 options:

Option 1 - benefit of $51.21

Option 1 - benefit of $78.91

No difference between options

Option 2 - benefit of $78.91

Option 2 - benefit of $51.21