3) Your first job out of college will pay you $65,000 in year 1 (exactly one year from today). You estimate that your salary will grow at 5% per year for 30 years (compounded annually). If the applicable discount rate is 10%, what is the present value of these future earnings today? a. $ 611,244.67 b. $ 752,315.74 C. $ 978,010.46 d. $ 1,045,910.97