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b . Julie has just been offered a job at $ 50,000 a year . She anticipates her salary will increase by 5 % a
b . Julie has just been offered a job at $ 50,000 a year . She anticipates her salary will increase by 5 % a year until her retirement in 40 years . Given the interest rate of 8 % what is the present value of her lifetime salary ?
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Accounting For Business
Authors: Peter Scott
2nd Edition
0198719868, 9780198719861
