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Part 1 of 3 list Consider the following alternatives: i. $130 received in one year ii. $210 received in 5 years iii. $350 received in

Part 1 of 3\ list\ Consider the following alternatives:\ i.

$130

received in one year\ ii.

$210

received in 5 years\ iii.

$350

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 only

4%

per year?\ c. What is your ranking if the interest rate is

16%

per year?

image text in transcribed
Consider the following alternatives: i. $130 received in one year ii. $210 received in 5 years iii. $350 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 only 4% per year? c. What is your ranking if the interest rate is 16% per year

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