You have been offered a contract to work as a consultant. The company will pay you $6416 per month. You will complete the work in 6 years. Your required return is 6.64%, what is this contract worth today?

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Answer to a math question You have been offered a contract to work as a consultant. The company will pay you $6416 per month. You will complete the work in 6 years. Your required return is 6.64%, what is this contract worth today?

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6416\times\frac{1-\left(1+\frac{6.64\%}{12}\right)^{-12\times6}}{\frac{6.64\%}{12}}=380169.87 It is worth $380169.87

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