Time value comparisons of single amounts Personal Finance Problem In exchange for a $20,000 payment today, a well-known company will allow you to choose one of the alternatives shown in the following table cost is 11%. a. Find the value today of each alternative. b. Are all the alternatives acceptable-that is, worth at least $20,000 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 $11. (Round to the nearest cent) The present value of Alternative C is S (Round to the nearest cent) b. Are all the alternatives acceptable-that is, worth at least $20,000 today? (Select the best answer below.) No O Yes c. Which alternative, if any, will you take? (Select the best answer below.) O A. None B. AltemativeC O C. Alternative B D. Alternative A Data Table (Click on the icon located on the top-right corner of the data table below in order to copy its contents into a spreadsheet.) Single amount $33,500 at end of 3 years $54,000 at end of 9 years $200,000 at end of 20 years Alternative A Click to select your answ Print Done