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You have the choice of receiving $60,000 now, or $25,000 now and another $42,000 three years from now. In terms of today's dollar, which choice

You have the choice of receiving $60,000 now, or $25,000 now and another $42,000 three years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 5.4% compounded annually.

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