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Delia has a choice between $103,000 in 10 years or $35,000 today. a. Calculate the present value of $103,000, If long term rates are 11

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Delia has a choice between $103,000 in 10 years or $35,000 today. a. Calculate the present value of $103,000, If long term rates are 11 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? O $103,000 in 10 years. O $35,000 today

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