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Jennifer expects to work for 26 more years. Her current salary is $90,000 (which is paid at the end of the year) and she expects

Jennifer expects to work for 26 more years. Her current salary is $90,000 (which is paid at the end of the year) and she expects it will grow at a constant rate of 4% per year. The discount rate is 8%. What is the present value of Jennifer's future salaries

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