Your aunt offers you a choice of ( $ 20,100 ) in 20 years or ( $ 870 ) today. Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 17 percent, what is the present value of the ( $ 20,100 ) ? (Do not round intermediate calculations. Roun

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Your aunt offers you a choice of  (  $ 20,100  ) in 20 years or  (  $ 870  ) today. Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a-1. If money is discounted at 17 percent, what is the present value of the  (  $ 20,100  ) ? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) a-2. Which offer should you choose?  (  $ 870  ) today  (  $ 20,100  ) in 20 years

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(Solved): Your aunt offers you a choice of \( \$ 20,100 \) in 20 years or \( \$ 870 \) today. Use Appendix B ...

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