2. You have some property for sale and have received two offers. The first offer is for $289,500 today in cash. The second offer is the payment of $135,000 today and an additional $170,000 three years from today. If the applicable discount rate is 12 percent (annual), which offer should you accept and why? 3. You plan on saving $15,200 this year, nothing next year, and $17,500 the following year. You will deposit these amounts into your investment account at the end of each year. What will your investment account be worth at the end of year three if you can earn 15 percent on your funds?