If you are offered $ 11,000 in 14 years and you can earn 15 percent on your money, what is the present value of $ 11,000?

If you are offered $ 34,000 in 30 years and you can earn 15 percent on your money, what is the present value of $ 34,000?

Which one should I choose?

(Present-value comparison) Much to your surprise, you were selected to appear on the TV show "The Price is Right." As a result of your prowess in identifying how many rolls of toilet paper a typical American family keeps on hand, you win the opportunity to choose one of the following: $1,400 today, $11,000 in 14 years, or $34,000 in 30 years. Assuming that you can earn 15 percent on your money, which should you choose