# You are offered $120,000 today or $320,000 in 13 years. Assuming that you can earn 13 percent

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## Question:

You are offered $120,000 today or $320,000 in 13 years. Assuming that you can earn 13 percent on your money, which should you choose?

If you are offered $320,000 in 13 years and you can earn 13 percent on your money, what is the present value of $320,000?

**Related Book For**

## Financial Management Principles and Applications

ISBN: 978-0133423822

12th edition

Authors: Sheridan Titman, Arthur Keown, John Martin