You Have a Sub-Contracting Job with a Local Manufacturing Firm

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) $223,162.58
E) $224,267.10