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IF YOU KNOW THE SECOND QUESTION, PLEASE HELP ME ANSWER THAT ONE. THANK YOU! (Related to Checkpoint 5.4) (Present-value comparison) You are offered $110,000 today

image text in transcribedIF YOU KNOW THE SECOND QUESTION, PLEASE HELP ME ANSWER THAT ONE. THANK YOU!

(Related to Checkpoint 5.4) (Present-value comparison) You are offered $110,000 today or $340,000 in 14 years. Assuming that you can earn 15 percent on your money, which should you choose? If you are offered $340,000 in 14 years and you can earn 15 percent on your money, what is the present value of $340,000? (Round to the nearest cent) Enter your answer in the answer box and then click Check Answer. 1 pant remaining Clear All

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