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Brown Williams retired as vice po of Wonder Bread Company but is currently on a consulting contract for $50,000 per year for the next 15

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Brown Williams retired as vice po of Wonder Bread Company but is currently on a consulting contract for $50,000 per year for the next 15 years. Calculate final answer using formula and financial calculator methods, a) If Mr. Williams' opportunity cost (potential return) is 12 %, what is the present value of his consulting contract? LDo not round calculations). Present value = b) If Williams will not retire for I 2 (twol more years and will not I start to receive his 15 payments until the end of the third years what would be the value of his deferred annuity? Do not round calculations)

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