onework: H03 Score: 0 of 1 pt 2 P 3-20 (similar to Consider the following alternatives: i. $130 received in one year i $220 received in five years ili $330 received in 10 years a. Rank the alternatives from most valuable to least valuable if the interest rate is 12% per year. b. What is your ranking if the interest rate is 6% per year? C. What is your ranking if the interest rate is 18% per year? a. Rank the alternatives from most valuable to least valuable if the interest rate is 12% per year. First calculate the present value (PV) of each alternative: The PV of $130 received in one year if the interest rate is 12% per year is S (Round to the nearest cent Enter your answer in the answer box and then click Check Answer. parts remaining Clear All ODO FA F6 esc FS F3 F1 Homework: H03 Score: 0 of 1 pt P 3-22 (similar to 3 of 5(1 Calculate the future value of $10,000 in Four years at an interest rate of 6% per year. b. Eight years at an interest rate of 6% per year. c. Four years at an interest rate of 12% per year. d. Why is the amount of interest earned in part (a) less than half the amount of interest earned in part (b)? Four years at an interest rate of 6% per year The future value of $10,000 in 4 years at an interest rate of 6% per year is S 2,650 (Round to the nearest do Enter your answer in the answer box and then click Check Answer Clear All remaining F6 6: 20 OD A Fs esc F2 FI