Question: Based on a 3 % discount rate, what is the 2 0 2 3 value for the three alternatives estimated to accrue over the next

Based on a 3% discount rate, what is the 2023 value for the three alternatives estimated to accrue over the next 4 years? Assume that costs are assessed (accrued) at the beginning of the year.
Year 2023202420252026
Alternative 1
costs ($)10,000.30,00030,00020,000
Alternative 2
costs ($)15,00015,00025,000.25,000
Alternative 3
costs ($)20,00020,00020,00020,000

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