Sharon Smith will receive $1.07 million in 25 years. The discount rate is 13%. As an alternative, she can receive $50,290 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.

the $1.07 million dollars in 25 years.

$50,290 today.

she should be indifferent.

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