Bridget Jones has a contract in which she will receive the following payments for the next five years: $$3,000,$$$4,000,$$$5,000,$$$6,000,$ $$7,000.$ She will then receive an annuity of $$10,500$ a year from the end of the sixth year through the end of the fifteenth year. The appropriate discount rate is $13$ percent.

a$.$ What is the present value of all future payments? $($Use Excel to arrive at the answer. Round the final answer to the nearest dollar amount.$)$

Present value

b$.$ If she is offered a buyout of the contract for $$32,000,$ should she do it$?$

Yes

No