Question: please show me how to solve this in excel! Present-value comparison You are offered St 100 today. 55,000 in 9 years, or 535.000 in 29

please show me how to solve this in excel! please show me how to solve this in excel! Present-value comparison You

Present-value comparison You are offered St 100 today. 55,000 in 9 years, or 535.000 in 29 yours. Assuming that you can eam li percent on your money, which offer should you choose? a. What is the present value of 535,000 in 29 years counted at 8 percent interest rate? Round to the nearest cent) b. What is the present of 55.000 in 9 years discounted at percent interest rate? Round to the nearest cont) c. Which offer should you choose? (Select the best choice below O A Choose $35,000 in 29 years because its presenta is the highest O B. Choose 55.000 in years because its present Value is the highest OC Choose 51, 100 today because la presents the Highest

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!