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Professor Wendy Smith has been offered the following epporfunity: A irw firm would wive to resan her for an uptiont paymert of sseoce. in returs,

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Professor Wendy Smith has been offered the following epporfunity: A irw firm would wive to resan her for an uptiont paymert of sseoce. in returs, for the next pex ine fim waic hare actess to eight hours of het time overy month. As an albornative paytient arrangement, the fiem would pay Prolessor Smithis hourty rate for the eight hours each merri. Smitis rave is ssso perhour 15th.) What about the NPV fule? The annud IRP is 5. (Found to two decimal ploces.)

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