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Your unde offers you a choice of $112.000 in 10 years or $51,000 today, Use Annendix, 8 as an approximate answer, but calculate your final

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Your unde offers you a choice of $112.000 in 10 years or $51,000 today, Use Annendix, 8 as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 8 percent, what is the present value of the $112,000 ? Note: Do not round intermediote calculotions. Round your final answer to 2 decimal ploces. 0-2. Which offer should you choose? $112.000 after 10 years $51,000 today

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