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7. Let's say that during your salary negotiations with MTV, you are given the following offer: either get $10,000 a year extra in salary for

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7. Let's say that during your salary negotiations with MTV, you are given the following offer: either get $10,000 a year extra in salary for the next 40 years, or get $80,000 a year extra in pension for 25 years, starting 41 years from now. Assuming an annual interest rate of 12%, which should you take (ignore any tax considerations)

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