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Jill joined a multinational oil and gas company. She expects to get her first annual salary of $125,000 one year from today. Also, her salary

Jill joined a multinational oil and gas company. She expects to get her first annual salary of $125,000 one year from today. Also, her salary will grow at 2 percent each year, starting next year. Jill is 30 years old and plans to work for exactly 30 years, drawing only thirty annual salaries. What is the present value of Jills salary if the discount rate is 6 percent? [Set your calculator to at least six decimal places]

A)$3,750,000.00

B)$2,182,237.72

C)$3,125,000.00

D)$1,720,603.89

E)$2,139,448.75

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