Which of the following options is the best option considering i=8% compounded annually?Economics a) to receive $78,800 four years from now b) to receive $30,000 now plus $10,000 three years from now, plus $11,000 six years from now and $10,000 nine years from now c) to receive $54,000 now d) to receive $6,100 at the end of every year for the next 12 years from now

In financial decision-making, it is important to consider the time value of money, which refers to…

Answered: Which of the following options is the…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Which of the following options is the best option considering i=8% compounded annually?

Economics

		a) to receive $78,800 four years from now
		b) to receive $30,000 now plus $10,000 three years from now, plus $11,000 six years from now and $10,000 nine years from now
		c) to receive $54,000 now
		d) to receive $6,100 at the end of every year for the next 12 years from now

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