Your friend just informed you that her grandmother has offer

Your friend just informed you that her grandmother has offered to give her either $6,000 at the end of each of the next four years to help pay tuition (option 1), or $29,000 after she graduates four years from now so she can buy her first car (option 2). She has asked you which option you think she should choose. If she can earn 5% interest at the bank, you should advise her that option 2 is more valuable than option 1 by

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