You can choose to take $120,000 in 11 years or $48,500 today. At an interest rate of 11 percent, what is the value of $120,000 now? (Enter your answer as a positive number rounded to 2 decimal places.) a-2. Which option should be selected? $120,000 in 11 years $48,500 today b-1. Assume an interest rate of 11 percent for 8 years. If the choice is $120,000 in 8 years or $48,500 today, how much is the $120,000 worth today? (Enter your answer as a positive number rounded to 2 decimal places.) b-2. Which option should be selected now? a-2. Which option should be selected? $120.000 in 11 years $48,500 today b-1. Assume an interest rate of 11 percent for 8 years. If the choice is $120,000 in 8 years or $48,500 today, how much is the $120,000 worth today? (Enter your answer as a positive number rounded to 2 decimal places.) b-2. Which option should be selected now? $120,000 in 8 years $48,500 today