Your father offers you a choice of $105,000 in 10 years or $45,500 today. Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator a-1. If money is discounted at 10 percent, what is the present value of the $105,000? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value a-2. Which offer should you choose? $105,000 in 10 years O$45.500 today b-1. Now assume the offer is $105,000 in 7 years or $45,500 today. What is the present value of the $105,000 at 10 percent for 7 years? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value $105,000 in 7 years or $45,500 today. What b-1. Now assume the offer Round your final answer to 2 decimal places.) the present value of the $105,000 at 10 percent for 7 years? (Do not round intermediate calculations. Present value b-2. Now, which offer should you choose? O $45.500 today O $105,000 in 7 years