Question: You just signed a consulting contract that will pay you $ 3 9 , 0 0 0 , $ 4 2 , 0 0 0

You just signed a consulting contract that will pay you $39,000, $42,000, and $40,000 at the end of the next three years, respectively. What is the present value of this contract given a discount rate of 9.9 percent?
Multiple Choice
$160,612
$100,395
$156,937
$110,100
$91,157

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