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What would be more valuable, receiving $5,950 today or receiving $16,000 in 17 years if interest rates are 5.5% and by how much would it

"What would be more valuable, receiving $5,950 today or receiving $16,000 in 17 years if interest rates are 5.5% and by how much would it be the more valuable alternative?" Both are worth the same amount Insufficient date provided to determine an answer to this question "Receiving $16,000 / $489 higher Present Value" "Receiving S5,950 / $489 higher Present Value" "Receiving S5,950 / $6,439 higher Present Value" "Receiving S16,000 / $6,439 higher Present Value"

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