Question: Please show work on how you got to the answer. Thank you! (Present-value comparison) You are offered $1,300 today, $6,000 in 15 years, or $26,000

Please show work on how you got to the answer. Thank you!

(Present-value comparison) You are offered $1,300 today, $6,000 in 15 years, or $26,000 in 30 years. Assuming that you can earn 14 percent on your money, which offer should you choose? a. What is the present value of $26,000 in 30 years discounted at 14 percent interest rate? (Round to the nearest cent.)

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