Congratulations!You've been offered a job with a contract of 4years.The company is offering to pay you in one of two ways:

(A)You can be paid a flat-salary of $72000each year for the 4 years-OR -

(B)You can have a starting salary of 62,000 and get a 4%raise every remaining year.

To determine which of these offers to take,you'll need to compare them "apples to apples"-by bringing both cash flows into the present. Assuming an 8% interest rate, determine offer A's present value, rounded to the nearest whole dollar.