Question: Saved Help Save C Your uncle offers you a choice of $108,000 in 10 years or $37.000 today. Use Appendix B as an approximate answer,

Saved Help Save C Your uncle offers you a choice of $108,000 in 10 years or $37.000 today. Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 11 percent, what is the present value of the $108,000? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value 0-2. Which offer should you choose? O $108.000 after 10 years $37.000 today O BH Search

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