Question: You are studying two options presented to you. 1) Take $75,000 today. 2) Take $135,000 in five (5) years. Your underlying assumption is the interest

You are studying two options presented to you.

1) Take $75,000 today.

2) Take $135,000 in five (5) years.

Your underlying assumption is the interest rate/opportunity cost/discount rate is 8%. Which option would you choose and why? Base your answer only on Present Value or Future value-specific calculations. Show your calculations.

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