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Kim and Kanye have hired you to determine who has the best endorsement offer. Kim has been offered the job as a spokesperson for the

Kim and Kanye have hired you to determine who has the best endorsement offer.

Kim has been offered the job as a spokesperson for the National Library Foundation. The NFL will pay her $2,000 per month starting ten years from today for a total of 120 months. She then will recieve $40,000 per year for six years with the first payment of $40,000 occuring one month after the last payment of $2,000. She also will recieve $70,000 every year for five years with the first of these coming six months from today.

Kanye has been offered a job as the spokesperson for the National Literacy Society. The NLS will pay him $30,000 per year for twenty years with the first of these coming today. He will also recieve $400,000 six months after his last payment of $30,000. Finally he will receive $500,000 fifty years from today - he was worried that he would not have enough for a 75th birthday gift for himself.

They want to know who has the best offer in today's dollars. Assume an 8% monthly rate for your analysis.

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