Question: ( Present - value comparison ) You are offered $ 1 , 9 0 0 today, $ 1 2 , 0 0 0 in 1

(Present-value comparison) You are offered $1,900 today, $12,000 in 11 years, or $25,000 in 26 years. Assuming that you can earn 6 percent on your money, which offer should you choose?
-A. What is the present value of $25,000 in 26 years discounted at 6 percent interest rate?
(Round to the nearest cent.)
-B. What is the present value of $12,000 in 11 years discounted at 6 percent interest rate?
(Round to the nearest cent.)
-C. Which offer should you choose? (Select the best choice below.)
A. Choose $25,000 in 26 years because its present value is the highest.
B. Choose $1,900 today because its present value is the highest.
C. Choose $12,000 in 11 years because its present value is the highest.
 (Present-value comparison) You are offered $1,900 today, $12,000 in 11 years,

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