Question: ( Present - value comparison ) Much to your surprise, you were selected to appear on the TV show The Price is Right. As a
Presentvalue comparison Much 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 rolls of toilet paper a typical American family keeps on hand, you win the opportunity to choose one of the following: $ today, $ in years, or $ in years. Assuming that you can earn percent on your money, which should you choose?
If you are offered $ in years and you can earn percent on your money, what is the present value of $
$ Round to the nearest cent.
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