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$178,990 3.170 * 0.25 = $141,850 $141,850 Correct! The solution is to treat it like a 4 year annuity and discount the total by the

$178,990 3.170 * 0.25 = $141,850 $141,850 Correct! The solution is to treat it like a 4 year annuity and discount the total by the probability that Luke will play. * Luke What is the total value of Contract offer #3?
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Correct! The solution is to treat it like a 4 year annuity and discount the total by the probability that Luke will play. $178,9903.1700.25=$141,850

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