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Create an excel spreadsheet for the following scenario: After earning an MBA, a student will begin working at an $80,000-per-year job on September 1, 2005.
Create an excel spreadsheet for the following scenario:
After earning an MBA, a student will begin working at an $80,000-per-year job on September 1, 2005. She expects to receive a 5 percent raise each year until she retires on September 1, 2035. If the cost of capital is 8 percent a year, determine the total present value of her before-tax earnings.
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