Question: Hello - I need some help, please. You are offered $ 8 0 , 0 0 0 today or $ 4 0 0 , 0

Hello - I need some help, please.
You are offered $80,000 today or $400,000 in 12 years. Assuming that you can earn 14 percent on your money, which should you choose?
A. If you are offered $400,000 in 12 years and you can earn 14% on your money, what is the present value of $400,000?

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