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You have the choice of receiving $50,000 now, or $22,000 now and another $35,000 six years from now in terms of today's dollar, which
You have the choice of receiving $50,000 now, or $22,000 now and another $35,000 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? OA. The choice of $22,000 now and $35,000 in six years is better OB. The choice of $50,000 now is better OC. They are equal in value The better choice is greater than the alternative choice by Sin 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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