Solved: Which alternative should dubois select assume the interest, Financial Accounting

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Which alternative should dubois select assume the interest

Dubis Inc. has $600,200 to invest. the company is trying to decide between two alternative uses of the funds. one alternative provides $88,197 at the end of each year for 11 years, and the other is to receive a single lum-sum payment of $1,712,443 at the end of the 11 years. Which alternative should dubois select? Assume the interest rate is constant over the entire investment.

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Financial Accounting: Which alternative should dubois select assume the interest

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