Mifflin plc needs 180,000 today to fund a new project. The project will not produce any cash flows for three years and thus the firm agreed to a 3-year, pure discount loan at 10.1 percent interest. How much will the firm owe on this loan at the time it must be repaid?

Select one:

238,961.23.

239,580.00.

242,018.54

241,172.36.

240,233.99.