Homework: Ch 3 HW Assignment - FIN301 FALL 2021 Question 20, P 3-27 (simi... Part 1 of 6 > HW Score: 61.33%, 15.33 of 25 points O Points: 0 of 1 Your mom is thinking of retiring. Her retirement plan will pay her either $300,000 immediately on retirement or $420,000 five years after the date of her retirement. Which alternative should she choose if the interest rate is: a. 0% per year? b. 8% per year? c. 20% per year? a. 0% per year? If the interest rate is 0% per year, the PV of the amount to be received five years after retirement is $ . (Round to the nearest dollar.)