Question: answer question C please Question Help (Present-value comparison) You are offered $1,800 today, 58,000 in 8 years, or $27.000 in 24 years. Assuming that you
Question Help (Present-value comparison) You are offered $1,800 today, 58,000 in 8 years, or $27.000 in 24 years. Assuming that you can eam 7 percent on your money, which offer should you choose? a. What is the present value of $27,000 in 24 years discounted at 7 percent interest rate? ed $ 5322.96 (Round to the nearest cent) b. What is the present value of 58,000 in 8 years discounted at 7 percent interest rate? 5 4656.07 (Round to the nearest cent) w c. Which offer should you choose? (Select the best choice below) Cor O A. Choose $1,800 today because its present value is the highest O B. Choose $27,000 in 24 years because its present value is the highest O C. Choose $8,000 in 8 years because its present value is the highest don esto ion 2
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