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EMERGENCYYYY You want to work for 4 months during summer. You have 3 job offers. Offer 1 pays $1,000 at the end of every month
EMERGENCYYYY
You want to work for 4 months during summer. You have 3 job offers. Offer 1 pays $1,000 at the end of every month for 4 months. Offer 2 pays $5,750 at the end of the job (in month 4). Offer 3 pays $2,000 now and $3,250 in month 4. Your bank gives you a monthly rate of 12.5%. Which job should you accept? a. Offer 3 because its APV is $4,028.96 o b. Offer 3 because it gives me the highest total income O c. Offer l because its FVA is $3,005.64 O d. Offer 2 because its APV is $4,597.25 o e. Offer 1 because its current value is the highest O f. Offer 2 because it gives me the highest total income O g. Offer 2 because its FVA is $3,589.7 O h. Offer l because it gives me the highest total incomeStep by Step Solution
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