Question: P5-29 (similar to) Question Help Present value comparison) Mach to your surprise, you were selected to appear on the TV show The Price is Right

P5-29 (similar to) Question Help Present value comparison) Mach to your surprise, you were selected to appear on the TV show "The Price is Right As a result of your prowess in identifying how many rols of folet paper a typical American family keeps on hand, you wn the opportunity to choose one of the folowrg 51,400 today, 57.000 in 10 yours, $31,000 in 20 years. Assuming that you can earn 15 percent on your money, which should you choose? you are offered $7.000 in 10 years and you can cam 15 percent on your money, what is the present value of 57.000 (Round to the recent

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