The state government has fined the University of Alaska for breaching the fire regulation act. The following fine payment options were offered to the university.Assuming that the interest rate appropriate for the university is 10% p.a. and all cash flows occur at the end of the year, which payment option should the universitychoose?
b) $150,000 per year for next five years
c) $900,000 at the end of year five
d) $400,000 at the end of year one and $200,000 at the end of year two
Save your time - order a paper!
Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlinesOrder Paper Now