Delia has a choice between $$106,000$ in $10$ years or $$43,000$ today. Use Appendix B$.$

a$.$ Calculate the present value of $$106,000,$ If long term rates are $9$ percent? $($Round $"$PV

Factor" to $3$ decimal places. Round the final answer to the nearest whole dollar.$)$

Present value

b$.$ What should be her choice?

$$106,000$ in $10$ years.

$$43,000$ today.