Question 11: Gina Vitale has just contracted to sell a small parcel of land that she inherited a few years ago. The buyer is willing to pay $24,000 at the closing of the transaction or will pay the amounts shown in the following table at the beginning of each of the next 5 years. Because Gina doesn't really need the money today, she plans to let it accumulate in an account that earns 7% annual interest. Given her desire to buy a house at the end of 5 years after closing on the sale of the lot, she decides to choose the payment alternative- $24,000 single amount or the mixed stream of payments in the following table -that provides the higher future value at the end of 5 years. Which alternative do you think she should choose? Why? Beginning of Cash Flow Year 1 2 3 4 2000 4000 6000 8000 10000 5