(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: $1,700 today, $10,000 in 15 years, or $31,000 in 28 years. Assuming that you can earn 7 percent on your money, which should you choose? If you are offered $10,000 in 15 years and you can earn 7 percent on your money, what is the present value of $10,000? $ 3624.46 (Round to the nearest cent.) If you are offered $31,000 in 28 years and you can earn 7 percent on your money, what is the present value of $31,000? $ 4662.47 (Round to the nearest cent.) Which offer should you choose? (Select the best choice below.) O A. Choose $1,700.00 today because its present value is the highest O B. Choose $10,000.00 in 15 years because its present value is the highest OC. Choose $31,000.00 in 28 years because its present value is the highest