You are offered $$$$90000$ today or $$$$380000$ in $10$ years. Assuming that you can earn $15$ percent on your$$ money, which should you$$ choose?

If you are offered $$$$380000$ in $10$ years and you can earn $15$ percent on your$$ money, what is the present value of $$$$380000?($Related to Checkpoint $5\mathrm{.}4)($Present$-$value comparison$)$ You are offered $$90,000$ today or $$380,000$ in $10$ years. Assuming that you can earn $15$ percent on your money, which should you choose?

If you are offered $$380,000$ in $10$ years and you can earn $15$ percent on your money, what is the present value of $$380,000?$

$($Round to the nearest cent.$)$