Question: When Peter decided to sell his farm, he received two offers. If he accepts the first offer, he would receive $250 000 now, $750 000

When Peter decided to sell his farm, he received two offers. If he accepts the first offer, he would receive $250 000 now, $750 000 one year from now, and $500 000 two years from now. If he accepts the second offer, he would receive $600 000 now, $300 000 one year from now, and $600 000 two years from now. If money is worth 9.8%, which offer should he accept?

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