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Related to Checkpoint

{Related to Checkpoint 5.4) [Present-value comparison) You are ofiered $100,000 today or $360,000 in 14 years, Assuming that you can earn 14 percent on your
money, which should you choose? If you are offered $360,000 in 14 years and you can earn 14 percent on your moneyr what is the present value of $360,000? $ (Round to 1he nearest cent)

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