Award 1: $40,263 at the end of year 5 Award 2: An annuity of $4,500 over...

Award 1: $40,263 at the end of year 5

Award 2: An annuity of $4,500 over 5 consecutive years that begins at the end of year 5

Award 3: $104,431 at the end of year 15

If the interest rate should rise from 10% to 11%, then the present value of Option 3 at 11% interest compared to the present value of Option 3 at 10% interest would be

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Expert Solution

OPTION 3 : I HAVE TAKEN IT AS AWARD 3. IF ANY CHANGE LET ME KNOW, WILL CALCULATE ACCORDINGLY. THANK YOU

jeff jeffy answered 1 year ago

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