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Consider the following four alternatives: 1. $132 received in two years. 2. $160 received in five years. 3. $200 received in eight years. 4. $220
Consider the following four alternatives:
1. $132 received in two years.
2. $160 received in five years.
3. $200 received in eight years.
4. $220 received in ten years.
36) The ranking of the four alternatives from most valuable to least valuable if the interest rate is 6% per year would be:
A) 1, 2, 3, 4.
B) 1, 3, 2, 4.
C) 4, 3, 1, 2.
D) 3, 4, 2, 1.
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