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You can choose to take $140.000 in 10 years or $47,000 today. At an interest rate of 11 percent, what is the value of $140,000

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You can choose to take $140.000 in 10 years or $47,000 today. At an interest rate of 11 percent, what is the value of $140,000 now? (Enter your answer as a positive number rounded to 2 decimal places.) a.2. Which option should be selected? $47,000 today $140.000 in 10 years b.1. Assumean interet rate of 11 pereent for 7 years. If the choice 4$140,000 in 7 years or $42000 today, how much a the $140,000 worth todoy? (Enteryour answer os a positive number rounded to 2 decimal piaces) b-1. Assume an-interest rate of 11 percent for 7 years. If the choice is $140,000 in 7 years or $47,000 today, how much is the $140,000 worth today? (Enter your answer as a positive number rounded to 2 decimal places.) b-2. Which option should be selected now? $47,000 today $140,000 in 7 years

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