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You have the choice of receiving $60,000 now or $32,000 now and another $42,000 six years from now. In terms of today's dollar, which choice

You have the choice of receiving $60,000 now or $32,000 now and another $42,000 six years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 6.6% compounded annually. Which choice is better? The better choice is greater than the alternative choice by $________ in terms of today's dollar.

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