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Alex has been offered an engineering job with a large company that has offices in Makati and Laguna. The salary is 720,000 per year at

Alex has been offered an engineering job with a large company that has offices in Makati and Laguna. The salary is 720,000 per year at either location. Makati's tax burden is 20% and Laguna's is 15%. If Alex accepts the position in Laguna and stay with the company for 5 years, what is the FW (future worth) of the tax savings? Your personal MARR is 10% per year. (Hint: Use 5% = 20% - 15%)

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