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You have the choice of receiving $60.000 now or $31.000 now and another $22.000 six years from now. In terms of today's dollar, which choice

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You have the choice of receiving $60.000 now or $31.000 now and another $22.000 six years from now. In terms of today's dollar, which choice is better and by how much? Moner is worth 5.9% compounded annually Which choice is better? A. They are equal in value The choice of $60.000 is better The choice of $31.000. now and $42.000 in six years is better The better choice is greater than the alternative choice by $ in terms of today's dollar Round the final answer to the nearesi cent as needed Round all intermediate values to six decimal places as needed.)

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