You are interviewing for a job and receive two offers: A: $20,000 to start, with guaranteed annual

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You are interviewing for a job and receive two offers:

A: $20,000 to start, with guaranteed annual increases of 6% for the first 5 years

B: $22,000 to start, with guaranteed annual increases of 3% for the first 5 years

Which offer is better if your goal is to be making as much as possible after 5 years? Which is better if your goal is to make as much money as possible over the contract (5 years)?

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Precalculus

ISBN: 978-0321716835

9th edition

Authors: Michael Sullivan

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Question Posted: Apr 06, 2019 05:53 AM

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You are interviewing for a job and receive two offers: A: $20,000 to start, with guaranteed annual

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Both options are geometric sequences Option A a 20000 r106 n5 as 20...View the full answer

Precalculus

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