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5 pts Question 2 Kofi is going to receive $18,000 seven years from now. Chow Tai is going to receive $18,000 nine years from now.

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5 pts Question 2 Kofi is going to receive $18,000 seven years from now. Chow Tai is going to receive $18,000 nine years from now. Which one of the following statements is correct if both Kofi and Chow Tai apply a 5.71 percent discount rate to these amounts? The present values of Kofi and Chow Tai's money are equal. Chow Tai's money is worth more than Kofi's money given the 5.71 percent interest rate. In future dollars. Chow Tal's money is worth more thank Kofi's money. In today's dollars, Kofis money is worth more than Chow Tai's money

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