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You are considering a job that offers a starting bonus of $2,500, paid immediately, and an annual salary of $44,000, $47,000, and $50,000 for the

You are considering a job that offers a starting bonus of $2,500, paid immediately, and an annual salary of $44,000, $47,000, and $50,000 for the next 3 years, respectively. The annual salary is paid at the end of each year. What is this offer worth today at a discount rate of 5.6 percent?

I have - but it's apparently wrong? What am I doing wrong :(

year cash flow pvf@5.6% pv
0 2500 0.94697 2367.424
1 46500 0.896752 41698.95
2 47000 0.849197 39912.24
3 50000 0.804163 40208.17
SUM

124186.79

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