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(Present-value comparison)You are offered $80000 today or $300000 in 13 years. Assuming that you can earn 15 percent on your money, which should you choose?

(Present-value comparison)You are offered $80000 today or $300000 in 13 years. Assuming that you can earn 15 percent on your money, which should you choose? If you are offered $300000 in 13 years and you can earn 15 percent on your money, what is the present value of $300000? $ (Round to the nearest cent.)

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