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?

Data table

$($Click on the icon here $5$ in order to copy the contents of the data table below into a spreadsheet.$)$

$\backslash$table$[[$Alternative$,$Single amount$],[$A$,$$$30,500$ at the end of $3$ years$],[$B$,$$$55,000$ at the end of $9$ years$],[$C$,$$$168,500$ at the end of $20$ years$]]$