After 4 years of hard work, 23-year old Michael graduated with his bachelor's degree in finance and started job hunting. After several interviews, he has secured two job offers: Offer from RBC: In the offer from RBC, the starting annual salary is $65,000 and RBC promises that Michael can expect 2.5% annual salary growth. Offer from TD Bank: In the offer from TD Bank, the starting annual salary is $70,000 and TD promises that Michael can expect 1.5% annual salary growth. In addition, TD will award a one-time loyalty bonus of $30,000 on the 25th year anniversary if any employee works at TD for over 25 years, and another $50,000 bonus on the 35th year anniversary. Assuming that Michael will stay with one employer until he retires at age of 65, which job offer should Michael take given a 4% annual interest rate (APR)?