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: Your opportunity cost is 11%. Find the value today of each alternative. Are all the alternatives acceptable - that is, worth at least $20,000 today? Which alternative, if any, will you take? 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.) Are all the alternatives acceptable - that is, worth at least $20,000 today? (Select the best answer below.) No Yes Which alternative, if any, will you take? (Select the best answer below.) None Alternative A Alternative B Alternative C