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You have the choice of receiving $ 1 1 0 0 0 0 now or 5 0 0 0 0 now and another $ 7

You have the choice of receiving $110000 now or 50000 now and another $77000 years five from now. In terms of today's dollar, which choice is better and by how much? Money is worth 4.9%compounded annually.

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