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Ralston Consulting, Inc., has a $49,000 overdue delt with supplier No. 1. The company is tow on cath, with only $13,770 in the checking account

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Ralston Consulting, Inc., has a $49,000 overdue delt with supplier No. 1. The company is tow on cath, with only $13,770 in the checking account and does not want to borrow any more Gast. Supplier No. 1 agrees to settle the account in one of two ways: Option 1: Pay $13,720 now and 546,550 when some farge projects are finished, two years from today, Option 2: Pay $68,600 three years from today, when even larger projects are finished. Assuming that the only factor in the chain is the cost of money (156) (Click here to see present value and future value tables) A. Calculate the present valust of each option. Round your present value factor to three decimal places and final answer to the nearest dollar Present value of Option 1 Present value of Option 2 B. Which option should Ralston choose

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