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You expect to receive $350,000 per year on a contract that will last 2 years. You are trying to compare this offer to a lump sum payment. If you can earn 8% on your investments,…

You expect to receive $350,000 per year on a contract that will last 2 years. You are trying to compare this offer to a lump sum payment. If you can earn 8% on your investments,…
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You expect to receive $350,000 per year on a contract that will last 2 years. You are trying to compare this offer to a lump sum payment. If you can earn 8% on your investments, how much is the contract worth to you today

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User Boboyum
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1 Answer

4 votes
87,500 I believe bc 350,000 divided by 8 is 43,750 times 2 is 87,500
answered
User Kymberlee
by
8.8k points
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