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Old 07-02-2003, 05:32 PM  
Rick Latona
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Join Date: Dec 2002
Location: Atlanta
Posts: 6,037
Finance Question - 20 bucks via paypal to the first one who answers it!

Ok,

The question is regarding the time value of money. I need to know which is more valuable, why and what formula was used to determine the answer.

A. 2,250 dollars a month for 40 years.
B. 2,750 dollars a month for 18 years.

Use 8% as an interest rate and tell me what each contract is worth today in a lump sum.
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Rick Latona
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