Value of a single amount versus a mixed stream Personal finance problem Gina Vitale has just contracted to sell a small parcel of land that she inherited a few years ago. The buyer is willing to pay $24.577 now, or the buyer will make a series of payments starting now and continuing at annual intervals shown in the following table. Because Gina doesn't really need the money today, she plans to let it accumulate in an account that eams 7% annual interest. Given her desire to buy a house five years after selling the lot, she decides to choose the payment alternative either the lump sum or the mixed stream that provides the higher future vole at the end of 5 years. Which alternative will she choose? The future value, FV, of the lump sum deposit is $ (Round to the nearest cent.) The future value of the mixed stream of payments is 5 (Round to the nearest cent.) Which alternative will Gina choose? (Select the best answer below.). Data Table - X O O Lump sum deposit Mixed stream of payments in order to copy the contents of the data table below (Click on the icon here into a spreadsheet.) Mixed Stream Beginning of year Cash Flow $5.000 $7,000 $8,000 $4,000 $5,000 Print Done Click to select your answer(s). non duration Inc. All Rights Reserved