Question: . . You have a debt with two payment options. Option 1 is to pay $3000 in one year from today, $5,000 in two years
. . You have a debt with two payment options. Option 1 is to pay $3000 in one year from today, $5,000 in two years from today, and $8,000 in three years from today. Option 2 is to pay $15,000 today. Demonstrate which is the better option for you if money is worth 5.00 % p.a. simple interest. Dont forget to state which is the better option for you ( 10 points) show your caculation by BAII plus caculator.You are encouraged to draw the timelines for yourself to help you with setting up the logic of how to solve the problem.
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