Janet secured a job that is paying her $35,000 per annum. She intends to work for 40
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Janet secured a job that is paying her $35,000 per annum. She intends to work for 40 years, with her income growing by 5% every year. Calculate the discounted value of her income stream if money earns 4% compounded annually.
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Related Book For
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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