Your uncle offers you a choice of $115,000 in 10 years or $54,000 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 11 percent, what is the present value of the $115,000? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
mhmmm well i don't know what you got wrong but it was prob cus u didnt sum wrong or wasn't paying attention to what you were doing. Hope this helpss have a safe and joyful holiday
