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(CHAPTER 6) A large software company is planning to hire three senior software developers and offer them a very competitive annual salary, Beginning of year
(CHAPTER 6) A large software company is planning to hire three senior software developers and offer them a very competitive annual salary, Beginning of year for today hire the first developer and immediately pay $63,000 as a lump sum for the first year of work. Beginning of year 2 for 1 year from today! hire the second developer and immediately pay $68,000 as a lump sum for the first year of work. Beginning of year 3 (or 2 years from today: hire the third developer and immediatey pay $75,000 as a lump surn for the first year of work, The company is planning for generous salary increases at the annual rate of 3% How much TOTAL salary will the company have to pay to all three hired employees 6 years from today? creano decimont Phone for any intermediate calculation, from the dataut z to, for example, 6 or even higher. The more the better any round your final answer to TWO decimal placer for example, 1.000 23. Do NOT your
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