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You are offered $80,000 today or $340,000 in 13 years. Assuming that you can earn 13 percent on your money, which should you choose? Question

You are offered $80,000 today or $340,000 in 13 years. Assuming that you can earn 13 percent on your money, which should you choose? Question content area bottom Part 1 If you are offered $340,000 in 13 years and you can earn 13 percent on your money, what is the present value of $340,000? $ enter your response here(Round to the nearest cent.)

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