SOLUTION: algebra.com a george monkey is in the process of negotiating his first contract. the team’s general manager has offered him three possible contracts. each of the contracts lasts

Question 1186726: algebra.com a george monkey is in the process of negotiating his first contract. the team’s general manager has offered him three possible contracts. each of the contracts lasts for four years. all of the money is guaranteed and is paid at the end of each year. the terms of each of the contracts are: years contract 1 payment contract 2 payment contract 3 payment year 1 birr 3,000,000 birr 2,000,000 birr 7,000,000 year 2 3,000,000 3,000,000 1,000,000 year 3 3,000,000 4,000,000 1,000,000 year 4 3,000,000 5,000,000 1,000,000 the george monkey discounts all cash flows at 10 percent. which of the three contracts offers him the most value?
Answer by ikleyn(52776) (Show Source): You can put this solution on YOUR website!
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