Job income worth in today dollars

Reference no: EM131015761

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

Reference no: EM131015761

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