Webster Industrial Products just signed a sales contract with a new customer. What is this contract worth as of the end of year 4 if the following payments will be received and the firm earns 5 percent on its savings? 
A) $397,425.35
B) $402,311.19
C) $460,000.00
D) $478,887.78
E) $483,073.00
Correct Answer:
Verified
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