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You have the choice of receiving $ 90 comma 000$90,000 now or $37,000 now and another...

You have the choice of receiving $ 90 comma 000$90,000 now or $37,000 now and another 63,000 three years from now. In terms of​ today's dollar, which choice is better and by how​ much? Money is worth 5.2 %5.2% compounded annually. Which choice is​ better?

A.The choice of $ 37 comma 000 now and $ 63 comma 000 in three years$37,000 now and $63,000 in three years is better.

B.The choice of $ 90 comma 000 now$90,000 now is better.

C.They are equal in value

Math   Statistics-And-Probability   
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