You have a sub-contracting job with a local manufacturing firm. Your agreement calls for annual payments of $82,000 for the next 3 years. At a discount rate of 9.5%, what is this job worth to you today?
A) $162,556.16
B) $205,730.36
C) $209,408.37
D) $211,417.06
E) $213,918.01
Correct Answer:
Verified
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