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  3. you are selling a car with the following paymemts

you are selling a car with the following paymemts options. option A : $16,000 today...

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Accounting

you are selling a car with the following paymemts options. option A : $16,000 today and $15,000 in 12 months. option B: $17,000 today and $14,000 in 14 months. if money earns 8.5% simple interest (a) determine the current value of option A (b) the current value of option B (c) which option is better?

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