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Time value comparisons of single amounts table: 1 . Your opportunity cost is 11%. Personal Finance Problem In exchange for a $20,000 payment today, a

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Time value comparisons of single amounts table: 1 . Your opportunity cost is 11%. 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 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 S The present value of Alternative B is $ The present value of Alternative C is $ b. Are all the alternatives (Round to the nearest cent.) Round to the nearest cent.) Round to the nearest cent.) is, worth at least $20,000 today? (Select the best answer below.) O Yes O No c. Which alternative, if any, will you take? (Select the best answer below.) O A. Alternative C OB. None OC. Alternative B O 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.) Alternative Single amount $28,500 at end of 3 years $63,500 at end of 9 years $191,500 at end of 20 years

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