Question
You just signed a sales contract with a new customer. What is this contract worth today if you will receive $94000, $113000, $125000, and $130000
You just signed a sales contract with a new customer. What is this contract worth today if you will receive $94000, $113000, $125000, and $130000 at the end of each year for four years? Assume you will save when you receive the payments and earn 5 percent on the savings.
| A. | $478,887 | |
| B. | $397,425 | |
| C. | $483,073 | |
| D. | $406,949 | |
| E. | $460,000 |
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The Routledge International Handbook Of Financialization
Authors: Philip Mader, Daniel Mertens, Natascha Van Der Zwan
1st Edition
1138308218, 978-1138308213
