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Assignments Saved Help Save Your uncle offers you a choice of $105,000 in 10 years or $47,000 today. Use Appendix B as an approximate answer,

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Assignments Saved Help Save Your uncle offers you a choice of $105,000 in 10 years or $47,000 today. Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. 2-1. If money is discounted at 9 percent, what is the present value of the $105,000? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value 3-2. Which offer should you choose? $105,000 in 10 years $47.000 today

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