Your uncle offers you a choice of $111,000 in 10 years or $50,000 today. Use AppendixB as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 9 percent, what is the present value of the $111,000 ? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. a-2. Which offer should you choose? $50,000 today $111,000 after 10 years Your uncle offers you a choice of $111,000 in 10 years or $50,000 today. Use AppendixB as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 9 percent, what is the present value of the $111,000 ? Note: Do not round intermediate calculations. Round your final answer to 2 decimal places. a-2. Which offer should you choose? $50,000 today $111,000 after 10 years