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In negotiating a contract for your business, you have to decide between recieving $50,000 now or $20,000 now and $35,000 three years from now. In terms of today's dollar, which choice is better and by how much? Money is worth 4.25% compunded annually.

 

Any help would be great thanks

 Nov 13, 2015
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The deal of $20,000 now and $35,000 three years hence is better deal.

The difference is $50,891.56 - $50,000=$891.56

 Nov 13, 2015

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