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Consider the following alternatives: i. $100 received in one year ii. $210 received in five years iii. $340 received in 10 years a. Rank the

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Consider the following alternatives: i. $100 received in one year ii. $210 received in five years iii. $340 received in 10 years a. Rank the alternatives from most valuable to least valuable if the interest rate is 10% per year. b. What is your ranking if the interest rate is only 4% per year? c. What is your ranking if the interest rate is 14% per year? a. Rank the alternatives from most valuable to least valuable if the interest rate is 10% per year. First calculate the present value (PV) of each alternative: The PV of $100 received in one year if the interest rate is 10% per year is $. (Round to the nearest cent.)

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