You have just joined the investment banking firm of jones and smith. they have offered you two different salary arrangements. you can have $50,000 per year for the next 3 years or $25,000 per year for the next 3 years, along with a $50,000 signing bonus today. if the market interest rate is 16%, what will be the present value of each of the two arrangements?

I can calculate but i don't know how to set it up...