Annette is considering two offers on her house in Rutland. The first offer is $404242.52 which includes 10% down, 45% to be paid in 1 year and the remainder to be paid in 2.5 years. The second offer is for $384187.01 with 50% down and the remainder to be repaid in 1 year. The rate of interest is 6.03% per year compounded monthly.

a) What is the value today of Annette's first offer?

b) What is the value today of Annette's second offer?

c) What is the value today of the offer Annette should accept?