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 per cent 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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