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(Related to Checkpoint 5.4) (Present-value comparison) You are oflered $80,000 today or $300,000 in 12 yeass Assuming that you can eam 15 percenf on your

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(Related to Checkpoint 5.4) (Present-value comparison) You are oflered $80,000 today or $300,000 in 12 yeass Assuming that you can eam 15 percenf on your moner, ufich thould you choose? If you are ollered 5300,000 in 12 years and you can eam 15 percent on your money, what is the present value of 5300,000 ? (Round to the nearest cent)

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