Your employer promises to pay you a $68769 bonus in 10 years to reward your loyalty. However, they offer you the option

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answerhappygod
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Your employer promises to pay you a $68769 bonus in 10 years to reward your loyalty. However, they offer you the option

Post by answerhappygod »

Your employer promises to pay you a $68769 bonus in 10 years to
reward your loyalty. However, they offer you the option to receive
a smaller amount in 3 years instead. How much would you be willing
to receive in 3 years, assuming you can invest your money to earn
9%? Enter your answer rounded to the nearest dollar, without the
"$".
How much simple interest is earned on $24678 at 1.79% over 11
years? Round your answer to the nearest dollar but don't include
the "$".
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