Multiple Choice
You have a sub-contracting job with a local manufacturing firm. Your agreement calls for annual payments of $50,000 for the next five years. At a discount rate of 12%, what is this job worth to you today?
A) $180,238.81
B) $201,867.47
C) $210,618.19
D) $223,162.50
E) $224,267.10
Correct Answer:
Verified
Correct Answer:
Verified
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