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Another perk of your new job is that, after 5 years with the company, you will also get an increase of $75 in your monthly

Another perk of your new job is that, after 5 years with the company, you will also get an increase of $75 in your monthly salary. Assume you would stay with the company for 22 more years after getting the salary increase, and that you discount at 0.25 percent each month. What is this salary increase worth to you today? Round your answer to two decimals. $

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