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You have the choice of reeiving $90,000 now or $30,000 now and another $56,000 wo years tram now in terms of today/ dollar, which chaice

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You have the choice of reeiving $90,000 now or $30,000 now and another $56,000 wo years tram now in terms of today/ dollar, which chaice is better and by how much? Money is warth 5.3%. oompounded ancually. Which shoice is befin? A. The choice of 590.000 now is better. 8. They are equal in valie. c. The choice of $20,000 now and 556,000 in two yeore is betior. The beitin choice in greater than the altemative choice by 5 in tecrns of todays dollar (Round the final angwer to the nearest cent is needed. Round all intermedlate values to six decimal places at needed.)

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