Question
Exercise 6: Two Job Options Company A offers you an initial salary of $150,000 with annual raises of 10% for the foreseeable future. Company B
Exercise 6: Two Job Options
Company A offers you an initial salary of $150,000 with annual raises of 10% for the foreseeable future. Company B offers you $180,000 with annual raises of 8% for the foreseeable future.
- How many years will it take for the A salary to equal the B salary?
- How many years will it take for the total dollars received from A to equal the total dollars received from B?
Use excel to answer.
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Forensic Accounting And Fraud Examination
Authors: Paul Barnes
1st Edition
1118454138, 978-1118454152
