(Present-value comparison) Much to your surprise, you were selected to appest on the TV show "The Price is Right" As a result of your prowess in identifying how many rolls of loilet paper a typical American family keeps on hand, you win the opportunity to choose one of the following. $1,700 todsy, $7,000 in 13 years, or $30,000 in 28 years. Assuming that you can earn 8 percent on your money, which should you choose? If you are offered 57,000 in 13 yean and you can eam o percent on your money, what is the present value of 57,000 ? (Round to the nearest cent.)