Jerry recently was offered a position with a major accounting firm. The firm offered Jerry either a signing bonus of $23,000 payable on the first day of work or a signing bonus of $26,000 payable after one year of employment. Assuming that the relevant interest rate is 10%, which option should Jerry choose? The signing bonus of $23,000 payable on the first day of work. Insufficient information to determine. The options are equivalent. The signing bonus of $26,000 payable after one year of employment