Question: need help with these two problems on this question At what interest rate are these two transactions in the figure below equivalent? $1,200 $1.000 0

At what interest rate are these two transactions in the figure below equivalent? $1,200 $1.000 0 3 0 3 1 2 Option 1 1 2 Option 2 O 9.54% None of the available options, O 7% O 6.34% Suppose you have the alternative of receiving either $22,000 at the end of five years or P dollars today. Currently, you have no need for money, so you could deposit the P dollars in a bank that pays 5% interest. What value of P would make you indifferent in your choice between P dollars today and the promise of $22,000 at the end of five years? (P/F, 5%, 5) = 0.7835 $17.237.58 O Cannot be determined O $27500.00 $28.078.19
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