Sharon Smith will receive $1.14 million in 25 years. The discount rate is 11%. As an alternative, she can receive $84,360 today. Which should she choose? Use Appendix B to calculate the answer.

5haron Smith will receive St14 Fillion in 25 years. The discount rate is th\% As an akeinative, she can receive $84,360 today. Which should she chooge? Use Ansendix B ta cakilate ife inghit Muspie thiche the 5134 milich dofiars in 25 yosis $s,360 tedny the should be indiferem need noep ielorination Appendix B Present value of 51.PVfPV=PV[(1+)1]