Intro

You sold your online business to Google. Google agreed to pay you $$50,000$ now, $$10,000$ per year for the next $9$

years and $$100,000$ in $10$ years if the business meets certain performance targets. If you invested the money, you

would earn a return of $7\%.$

Part $1$

What is the present value of all the cash flows, assuming the performance targets are met?