Offered temporary job and will be having cash inflow

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Reference no: EM13950850

You have been offered a temporary job and will be having a cash inflow of $300 in two months from now, $400 in 4 months, and $1,000 in 6 months. Whenever you receive the payments, you plan to deposit in MSUFCU savings account, paying 12% of annual interest rate. How much does this job's income worth in today's dollars? A. $1000 B. $1500 C. $1121 D. $1621 E. $1321 Show work please!

Reference no: EM13950850

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