In: Finance
Consider the two investments shown below, only one of which can be chosen. They are one-shot investments. Calculate AW2-1 assuming 15.2628 interest rate.
| 
 EOY  | 
 Alternative 1  | 
 Alternative 2  | 
| 
 0  | 
 - 24,423  | 
 - 48,780  | 
| 
 1  | 
 2,729  | 
 1,000  | 
| 
 2  | 
 2,729  | 
 1,800  | 
| 
 3  | 
 2,729  | 
 2,600  | 
| 
 4  | 
 2,729  | 
 3,400  | 
| 
 5  | 
 2,729  | 
 4,200  | 
| 
 6  | 
 5,000  | 
|
| 
 7  | 
 5,800  | 
|
| 
 8  | 
 6,600  |