Word Problem Bertholdt Corporation offers ℎ 150,000 at the end of 3 years plus ℎ 300,000 at the end of 5 years. Reiner Group of Companies offers ℎ 25,000 at the end of each quarter for the next 5 years. Assume that money is worth 8% compounded annually, which offer has a better market value?
A. Bertholdt Corporation with ℎ 150,000 at the end of 3 years and ℎ 300,000 at the end of 5 years.
B. Reiner Group of Companies with ℎ 25,000 at the end of each quarter for the next 5 years.
