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indifferent to cash versus credit, and that your cost of money is 9%, would you prefer the 3 installment option? A. Yes; present value of

indifferent to cash versus credit, and that your cost of money is 9%, would you prefer the 3 installment option? A. Yes; present value of the installment option is $16,000.00 B. Yes; present value of the installment option is $15,333.57 C. No; present value of the installment option is $15,036.44 D. No; present value of the installment option is $15,333.57

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