(Related to Checkpoint 5.4) (Present-value comparison) You are offered $110,000 today or $320,000 in 15 years. Assuming that you can earn 14 percent on your money, which should you choose? If you are offered $320,000 in 15 years and you can earn 14 percent on your money, what is the present value of $320,000? $(Round to the nearest cent.) Which offer should you choose? (Select the best choice below.) O A. Choose $320,000 in 15 years because its present value is higher. O B. Choose $110,000 today because its present value higher