Question: help please HWW4. Edna offers Bart a choice - she can give him $500 right now, or, she can give him $25 a month for
help please
HWW4. Edna offers Bart a choice - she can give him $500 right now, or, she can give him $25 a month for the next two years. Assuming an annual rate of 7.5%, and that he wants to get the most money he can from Edna, which option should Bart choose? on on . HW #4 Relevant Information Annual Interest Rate Periods Per Year Number of Years Needed Information Present Value Future Value Payment Rate Number of Periods Additional Calculations (if needed) She will give Bart right now Answer: B 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 PV FV PMT RATE NPER
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