Homework: Module 3 Participation Score: 0 of 2 pts 7 of 10 (6 comple P 3-20 (similar to) Consider the following alternatives: i. $130 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 8% per year. b. What is your ranking if the interest rate is 4% per year? c. What is your ranking if the interest rate is 16% per year? a. Rank the alternatives from most valuable to least valuable if the interest rate is 8% per year. First calculate the present value (PV) of each alternative: The PV of $130 received in one year if the interest rate is 8% per year is $ (Round to the nearest cent.)