You Have a Sub-Contracting Job with a Local Manufacturing Firm

question 358

Multiple Choice

You have a sub-contracting job with a local manufacturing firm. Your agreement calls for annual payments of $82,000 for the next 3 years. At a discount rate of 9.5%, what is this job worth to you today?

• A) $162,556.16
• B) $205,730.36
• C) $209,408.37
• D) $211,417.06
• E) $213,918.01

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