As the winner of a tandoori chicken eating competition you will receive $10,000 today but this amount will then decline at a constant rate of 2% p.a. over the foreseeable future. If the interest rate appropriate for valuing the prize is 14% p.a. its present value today is closest to:

Group of answer choices

$95,000.

$61,250.

$71,250.

$72,500.