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You have the opportunity to purchase a property/business offering surf lessons in Waikiki, you project that the business will generate $10,000 a year for the

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You have the opportunity to purchase a property/business offering surf lessons in Waikiki, you project that the business will generate $10,000 a year for the first five years, $12,500 for the next five years, and then be sold at the end of the tenth year for $100,000. If you can earn 8 percent on your funds, what is the maximum you should pay for the property today? $66,153.23 O $73,894.24 O $120,213.59 $104,707.56 $92.882.50

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