a footballer is about to sign a new four year contract. the contract is reported as being worth £6.0m, which is the total wages over the period. which of the following payment packages has the highest present value if the relevant interest rate is 3%? select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a £1.5m now, £1m after 1 year, £lm after 2 years, £1.3m after 3 years and the remainder after 4 years b £2.1m now, £1.5m after 2 years, £1.2m after 3 years and the remainder after 4 years £3.5m after 1 year, £1.2m after 2 years, £1.lm after 3 years and the remainder after 4 years d all four payment packages have the same present value £1.5m now, £1.5m after 1 year, £1.2m af
a footballer is about to sign a new four year contract. the contract is reported as being worth £6.0m, which is the total wages over the period. which of the following payment packages has the highest present value if the relevant interest rate is 3%? select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a £1.5m now, £1m after 1 year, £lm after 2 years, £1.3m after 3 years and the remainder after 4 years b £2.1m now, £1.5m after 2 years, £1.2m after 3 years and the remainder after 4 years £3.5m after 1 year, £1.2m after 2 years, £1.lm after 3 years and the remainder after 4 years d all four payment packages have the same present value £1.5m now, £1.5m after 1 year, £1.2m af
Step by step
Solved in 3 steps with 2 images
