Your aunt offers you a choice of $22,800 in 50 years or $755 today. Use Appendix Bias an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 7 percent, what is the present value of the $22,800? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value a-2. Which offer should you choose? $755 today $22,800 in 50 years