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Assume you have a choice of receiving $115,000 in 10 years or $48,000 today. If the interest rate is 10 percent, how much is the

Assume you have a choice of receiving $115,000 in 10 years or $48,000 today. If the interest rate is 10 percent, how much is the $115,000 worth now? (Enter your answer as a positive number rounded to 2 decimal places.) a-2. Which offer should you choose? $115,000 in 10 years $48,000 today b-1. Now assume the choice s $115,000 in 7 years or $48,000 today. How much is the $115,000 at 10 percent for 7 years worth now? (Enter your answer as a positive number rounded to 2 decimal places.) b-2. Now, which offer should you choose? $115,000 in 7 years $48,000 today

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