http:/ezto. ornhm.tpx .cllachp 09 Part 1 Homework O $7,500 received now b-1. If you could earn 11 percent annualily, compute the present value of each alilernative (Do not round intermediate calculations. Round your tinal anss decimal places.) Present Value $7,500 $2,200 $31,000 7,50000 S 12,181.50 b-2. Which atternative should you choose? O $31,000 received at end of nine years O $7,500 received now References eBook & Resources Worksheet Ditficulty Advanced Learning Objective: 09-03 The value alternative [LOS-3]present value is based on the current value of funds to be received