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Ford Motors appointed as assistant manager and theyve offered you two different salary arrangements. You can have $75,000 per year for the next two years,

  1. Ford Motors appointed as assistant manager and theyve offered you two different salary arrangements. You can have $75,000 per year for the next two years, or you can have $64,000 per year for the next two years, along with a $20,000 signing bonus today. The bonus is paid immediately, and the salary is paid at the end of each month.If the interest rate is 10% compounded monthly, what isthe PV for both the options?Which option do you prefer?

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