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Question list Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 Question 9 Time value comparisons of single amounts Personal Finance Problem

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Question list Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 Question 9 Time value comparisons of single amounts Personal Finance Problem In exchange for a $23,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table: Your opportunity cost is 9%. a. Find the value today of each alternative. b. Are all the alternatives acceptable - that is, worth at least $23,000 today? c. Which alternative, if any, will you take? a. The present value of Alternative A is $ (Round to the nearest cent.) The present value of Alternative B is \$ (Round to the nearest cent.) The present value of Alternative C is $ (Round to the nearest cent.) b. Are all the alternatives acceptable - that is, worth at least $23,000 today? (Select the best answer below.) Yes No c. Which alternative, if any, will you take? (Select the best answer below.) Time value comparisons of single amounts Personal Finance Problem In exchange for a $23,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table: Your opportunity cost is 9%. a. Find the value today of each alternative. b. Are all the alternatives acceptable - that is, worth at least $23,000 today? c. Which alternative, if any, will you take? b. Are all the alternatives acceptable - that is, worth at least $23,000 today? (Select the best answer below.) Yes No c. Which alternative, if any, will you take? (Select the best answer below.) A. Alternative C B. Alternative B C. None D. Alternative A Time value comparisons of single amounts. Porsonal Finance Probiem in exchange for a $23,000 payment today, a well-krown company will allow you to choose one of the allernatives show In the fotiowing table: Your oppontunly cotr is 95 . a. Find the value today of each asernative. c. Which altemative, if any, will you take? a. The present value of Alemative A is t (Round to the nearest cent) The present veliue of Aliernative B is ? (Round to the nearost cent) The present value of Abemafreo o is 1 (Round to the nearest cent.) b. Ave all the althmatives acceptable - that in, worth at leant $23,000 today? (Select the best answer below) Yes No Which atemabve, if any will you take? (Select the beat answer below.) A. Ntarnative C a. Alumative B c. None D. Aternatve A

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