[jahubb]

Assuming an interest rate of 6%, which of the following payment alternatives has the highest present value?
A. $ 150,000 immediately
B. $ 45,000 per year for the next four years (payment made at the end for the year)
C. $ 5,000 now and then $ 20,000 per year for the next 10 years (payment made at the end of the year.
D. $ 5,000 now and then $ 5,000 per year for the next 10 years (payment made at eht end of the year) plus a lump-sum payment of 200,000 at the end for the eleventh year. I answered B. Can someone please tell me if this is correct. Thank You in advance!!