Multiple Choice
A professional rugby league player is offered a bonus of $150 000 if he completes a five year playing contract with an NRL club.If money is worth 7 per cent to him what is this bonus worth today?
A) $106 947.93
B) $210 382.76
C) $140 186.92
D) $130 000.00
E) $160 947.93
Correct Answer:
Verified
Correct Answer:
Verified
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