Mo S.

asked • 03/15/15

Solving the Net present Value

A popular movie actress has been offered a two-year contract. She can either accept $2,350,000 now or accept monthly amounts of $100000 payable at the end of each month. If money can be invested at 3.5% compounded monthly, compute the net present value of each option and decide which is the better option for the actress and by how much?

1 Expert Answer


Anthony W. answered • 03/31/15

5 (12)

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