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Doris's Fashions has just signed a $2.2 million contract The contract calls for a payment of $0.6 million today, $0.8 milion one year from today,
Doris's Fashions has just signed a $2.2 million contract The contract calls for a payment of $0.6 million today, $0.8 milion one year from today, and $0.8 million two years from today. What is this contract worth today if the firm can earn 8.2 percent on its money? O$2038,616.67 $2,022,709.37 O $2108001.32 $212433907 O $2.202.840.91
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