You have the choice of receiving $50,000 now, or $19,000 now and another $35,000 two years...

 

 

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You have the choice of receiving $50,000 now, or $19,000 now and another $35,000 two years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 4.2% compounded annually. Which choice is better? A. The choice of $19,000 now and $35,000 in two years is better. OB. The choice of $50,000 now is better. OC. They are equal in value. The better choice is greater than the alternative choice by $ in terms of today's dollar. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) You have the choice of receiving $50,000 now, or $19,000 now and another $35,000 two years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 4.2% compounded annually. Which choice is better? A. The choice of $19,000 now and $35,000 in two years is better. OB. The choice of $50,000 now is better. OC. They are equal in value. The better choice is greater than the alternative choice by $ in terms of today's dollar. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)