What kind of a school subject is "centennial"? Is this business, math, economics, or what? If you expect a tutor trained in your subject matter, please put the subject in the School Subject line, follow directions, so that he or she will see your question.
As for the question itself, it is incomplete. How can anyone tell what the building is worth in current dollars if we don't know when it was sold at the price bid in the first part of the question?
The owner of a residential building lot has received two purchases offers.Mrs A is offering a $20,000 downpayment plus $40,000 payable in one year.Mr B's offer is $15,000 downlayment plus two $25,000 payment due one and two years from now.Which offer has teh great economic value if money can earn 3.5% compounding quarterly?how much more is it worth in current dollars?
2 answers
It also helps to narrow your question. What is it about this assignment that you don't understand or know how to do? If you are specific, a tutor will be more able to help you.