Question: Question 28 2.27 pts You need to pick between the two choices given below: Assume that interest rate is 8%. Choice A: Receive $70,000 at

 Question 28 2.27 pts You need to pick between the two

Question 28 2.27 pts You need to pick between the two choices given below: Assume that interest rate is 8%. Choice A: Receive $70,000 at the end of 9 years. Choice B: Receive $60,000 at the end of 8 Years and $10,000 at the end of 10 years. Which choice will you pick (Find the PV of each option and whichever is higher is the one you will pick) Choice A Choice B

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