Question: Delia has a choice between $ 1 0 6 , 0 0 0 in 1 0 years or $ 4 3 , 0 0 0

Delia has a choice between $106,000 in 10 years or $43,000 today. Use Appendix B.
a. Calculate the present value of $106,000, If long term rates are 9 percent? (Round "PV
Factor" to 3 decimal places. Round the final answer to the nearest whole dollar.)
Present value
b. What should be her choice?
$106,000 in 10 years.
$43,000 today.
Delia has a choice between $106,000 in 10 years or $43,000

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