Question: Please clearly show workings! Also please do not use an excel sheet! Dog Dylan will receive $24,000 a year for the next 25 years as

Please clearly show workings! Also please do not use an excel sheet!
Please clearly show workings! Also please do not use an excel sheet!

Dog Dylan will receive $24,000 a year for the next 25 years as payment for a song the band has just written. If a present 13 percent discount rate is applied: a) Calculate the present value. b) Should they be willing to sell out her future rights now for $174,000 ? c) Calculate the present value if the payments will be made at the beginning of each year. d) Would she be willing to sell her future rights now for $174,000, if the payments will be made at the beginning of each year

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