Tammy has an heirloom that she's sure she can sell for $18,500 if she holds onto it for 16 years. She has a mutual fund that earns 12% interest, compounding monthly. Tammy was just offered $3,000 for this antique today. What is the PV of the heirloom? Should she sell it today?

Group of answer choices

$2,738.22. Yes, sell today.

$3,000.00. Yes, sell today.

$3,017.75. No, don't sell today.

$3,116.56. No, don't sell today.