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Google has made an offer to buy your start-up. As long as you keep working for the firm, Google promises to pay you the following
Google has made an offer to buy your start-up. As long as you keep working for the firm, Google promises to pay you the following amounts over the next 5 years, at the end of each year. You think that your company is worth $100,000 more than the total offered value. You also want to receive $1,000,000 right now and prefer a monthly payment to an annual payment for the remaining amount, with the first monthly payment occuring one month from now and the last one 5 years from now. The annual interest rate is 9% (EAR). Part 1 Attempt 3/5 for 9.5pts. If Google agrees to your terms, how much can you expect per month
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