Related to Checkpoint $5\mathrm{.}4)($Comparing present and future values$)$ You are offered $$110000$ today or $$400000$ in $11$ years. Assuming that you can earn $12$ percent on your money, which should you choose? Question content area bottom Part $1$ If you are offered $$400000$ in $11$ years and you can earn $12$ percent on your money, what is the present value of $$400000?($Round your answer to the nearest cent.$)$