Question: Can anyone help me to answer this ? This test: 50 point(s) possible Question 9 of 15 Submit test This question: 3 point(s) possible You

Can anyone help me to answer this ?

Can anyone help me to answer this ? This test: 50
This test: 50 point(s) possible Question 9 of 15 Submit test This question: 3 point(s) possible You have the choice of receiving $60,000 now or $24,000 now and another $42,000 four years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 4.4% compounded annually. Which choice is better? '11:} A. The choice of $60,000 now is better. {:3 B. The choice of $24,000 now and $42,000 in four years is better. Q C. They are equal in value. The better choice is greater than the alternative choice by $ in terms of today's dollar. (Round the nal answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

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