Question: 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.)

 Data Table (Click on the icon located on the top-right cornerof the data table below in order to copy its contents into

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.) Mixed Stream Beginning of year Cash Flow 1 $3,000 2 $8,000 3 $9,000 4 $4,000 5 $6,000 Print Done Value of a single amount versus a mixed stream Personal finance problem Gina Vitale has just contracted to sell a small parcel of land that she inherited a few days ago. The buyer is willing to pay $25,145 at the closing of the transaction or will pay the amounts shown in the following table at the beginning of each of the next five years. Because Gina doesn't really need the money today, she plans to let it accumulate in an account that earns 8% annual interest. Given her desire to buy a house at the end of five years after closing on the sale of the lot, she decides to choose the payment alternative$25,145 single amount or the mixed stream of payments in the tablethat provides the higher future value at the end of 5 years. Which alternative will she choose? The future value, FV.,, of the lump sum deposit is $ (Round to the nearest cent.) The future value of the mixed stream of payments is $. (Round to the nearest cent.) Which alternative will Gina choose? (Select the best answer below.) O Mixed stream of payments lo Lump sum deposit

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