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You have the choice of receiving $100,000 now or $47,000 now and another $70,000 six years from now. In terms of today's dollar, which choice

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You have the choice of receiving $100,000 now or $47,000 now and another $70,000 six years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 4.4% compounded annually. Which choice is better? A. The choice of $100,000 now is better. B. The choice of $47,000 now and $70,000 in six years is better. C. They are equal in value. The better choice is greater than the alternative choice by $ in terms of today's dollar. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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