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
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
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