You have provided your friend with a service worth $11,000. Your friend offers you the following...

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You have provided your friend with a service worth $11,000. Your friend offers you the following cash flow (to be paid at the end of each year) instead of paying $11,000 today. Should you accept his offer if your opportunity cost is 4 percent? SHOW YOUR WORK and explain your answer. (10 points) Year 1 2 3 4 Cash Flow $4,500 3,500 2,500 1,000 You have provided your friend with a service worth $11,000. Your friend offers you the following cash flow (to be paid at the end of each year) instead of paying $11,000 today. Should you accept his offer if your opportunity cost is 4 percent? SHOW YOUR WORK and explain your answer. (10 points) Year 1 2 3 4 Cash Flow $4,500 3,500 2,500 1,000