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(Present-value comparison) You are offered $1,000 today, $5,000 in 9 years, or $25,000 in 21...

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(Present-value comparison) You are offered $1,000 today, $5,000 in 9 years, or $25,000 in 21 years. Assuming that you can earn 9 percent on your money, which offer should you choose? a. What is the present value of $25,000 in 21 years discounted at 9 percent interest rate? $ (Round to the nearest cent.) b. What is the present value of $5,000 in 9 years discounted at 9 percent interest rate? $(Round to the nearest cent.) c. Which offer should you choose? (Select the best choice below.) O A. Choose $1,000 today because its present value is the highest. O B. Choose $5,000 in 9 years because its present value is the highest. OC. Choose $25,000 in 21 years because its present value is the highest

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