Sharon Smith will receive $1.03 million in 25 years. The discount rate is 10%. As an alternative, she can receive $76,220 today. Which should she choose? Use Appendix B. (Round "PV Factor" to 3 decimal places.)

Use Appendix B for an approximate answer, but calculate your final answer using the formula and financial calculator methods.

rev: 06_16_2015_QC_CS-17353

the $1.03 million dollars in 25 years.

$76,220 today.

she should be indifferent.

need more information.