You have the choice of receiving $ $60$ comma $000$ now or $ $23$ comma $000$ now and another $ $42$ comma $000$ four years from now. In terms of$$ today's dollar, which choice is better and by how$$ much? Money is worth $4\mathrm{.}2\%$ compounded annually.

Question content area bottom

Part $1$

Which choice is$$ better?

A$.$

They are equal in value.

B$.$

The choice of $ $60$ comma $000$ now is better.

C$.$

The choice of $ $23$ comma $000$ now and $ $42$ comma $000$ in four years is better.

Part $2$

The better choice is greater than the alternative choice by $$$

$$

enter your response here in terms of$$ today's dollar.