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P 3-20 (similar to) Consider the following alternatives: i. $100 received in one year i. $210 received in five years ii. $310 received in 10

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P 3-20 (similar to) Consider the following alternatives: i. $100 received in one year i. $210 received in five years ii. $310 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 1% per year? c, what is your ranking if the interest rate is 18% per year? 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 P Of SI received in one year if the interest rate is 12% per year is $ (Round to the nearest cent)

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