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

a$.$ Calculate the present value of $$106,000,$ If long term rates are $9$ percent? $($Use a Financial calculator to arrive at the answers. Round the final answer to the nearest whole dollar.$)$

Present value $

b$.$ What should be her choice?

multiple choice

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

$$43,000$ today.