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Your brother has offered to give you either $ 2 5 , 0 0 0 today or $ 5 0 , 0 0 0 in

Your brother has offered to give you either $25,000 today or $50,000 in 11 years. If the interest rate is 4% per year, which option is preferable?
The present value of the future amount (amount received in 11 years) is $.(Round to the nearest dollar.)
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