ris will receive $$1\mathrm{.}05$ million in $25$ years. The discount rate is $14\%.$ As an alternative, she can receive $$39,900$ today. Which should she choose? Use Appendix B to calculate the answer.

Multiple Choice

she should be indifferent.

need more information.

the $$1\mathrm{.}05$ million dollars in $25$ years.

$$39,900$ today.