You can choose to take $110,000 in 11 years or $46.000 today. At an interest rate of 11 percent, what is the value of $110,000 now? (Enter your answer as a positive number rounded to 2 decimal places.) a-2. Which option should be selected? O $110,000 in 11 years $16,000 today 4 b-1. Assume an interest rate of 11 percent for 8 years. If the choice is $110,000 in 8 years or $46,000 today, how much is the $110,000 worth today? (Enter your answer as a positive number rounded to 2 decimal places.)