Question: the interest rate is 7%, what is the present value of the difference in the benefit the vintner will realize if he releases the wine

the interest rate is 7%, what is the present value of

the interest rate is 7%, what is the present value of the difference in the benefit the vintner will realize if he releases the wine after barrel aging it for one year or if he releases the wine now? A. He will earn $349,533 more if he releases the wine now. B. He will earn $308,000 more if he releases the wine now. C. He will earn $2,200,000 less if he releases the wine now. D. He will earn $220,000 less if he releases the wine now

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