Question: You are offered $ 1 2 0 0 0 0 today or $ 3 6 0 0 0 0 in 1 1 years. Assuming that

You are offered
$120000
today or
$360000
in
11
years. Assuming that you can earn
12
percent on your money, which should you choose?
If you are offered
$360000
in
11
years and you can earn
12
percent on your money, what is the present value of
$360000
?
$
(Round to the nearest cent.)

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