(Related to Checkpoint 5.4) (Present-value comparison) You are offered $100,000 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.) Which offer should you choose? (Select the best choice below.) A. Choose $340,000 in 14 years because its present value is higher. B. Choose $100,000 today because its present value is higher