What is the cost of this vacation in todays dollars if the


Norwegian Cruise Lines is advertising an upscale winter vacation package for travel two years from now, to Antarctica. The package requires that you pay $15,000 today, $25,000 one year from today, and a final payment of $65,000 on the day you depart, two years from today. What is the cost of this vacation in today's dollars, if the discount rate is 9 percent? $92,644.98 $94,607.78 $95,250.00 $110,071.50 none of the above.

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Financial Management: What is the cost of this vacation in todays dollars if the
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