$($Present$-$value comparison$)$You are offered $$$$80,000$ today or $$$$400,000$ in $13$ years. Assuming that you can earn $12$ percent on your$$ money, which should you$$ choose?

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Part $1$

If you are offered $$$$400,000$ in $13$ years and you can earn $12$ percent on your$$ money, what is the present value of $$$$400,000?$

$$$enter your response here$($Round to the nearest$$ cent.$)$