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1372.46 is incorrect Your aunt offers you a choice of $21,300 in 20 years or $940 today. Use Appendlx B as an approximate answer, but

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1372.46 is incorrect

Your aunt offers you a choice of $21,300 in 20 years or $940 today. Use Appendlx B as an approximate answer, but calculate your final answer using the formula and financlal calculator methods. a-1. If money is discounted at 17 percent, what is the present value of the $21,300 ? (Do not round Intermedlate calculations. Round your final answer to 2 decimal places.) a-2. Which offer should you choose? $21,300in20years$940today

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