Your father offers you a choice of $135,000 in 13 years or $46,500 today. If the interest rate is 10 percent, how much is the $135,000 worth now? (Enter your answer as a positive number rounded to 2 decimal places.)

a-2. Which offer should you choose?

$135,000 in 13 years

$46,500 today

b-1. Now assume the offer is $135,000 in 10 years or $46,500 today. How much is the $135,000 at 10 percent for 10 years worth now? (Enter your answer as a positive number rounded to 2 decimal places.)

b-2. Now, which offer should you choose?

$135,000 in 10 years

$46,500 today