Your father offers you a choice of $115,000 in 13 years or $48,000 today. Use Appendix. B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 11 percent, what is the present volue of the $115,000 ? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. a-2. Which offer should you choose? $115,000 in 13 years $48,000 today b-1. Now assume the offer is $115,000 in 10 years or $48,000 today. What is the present value of the $115,000 at 11 percent for 10 years? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. b-2.Now, which offer should you choose? $48,000 today $115,000 in 10 years