(Related to Checkpoint 5.4) (Present-value comparison) You are offered $120,000 today or $320,000 in 15 years. Assuming that you can earn 13 percent on your money, which should you choose? If you are offered $320,000 in 15 years and you can earn 13 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.) OA. Choose $120,000 today because its present value is higher O B. Choose $320,000 in 15 years because its present value is higher