Karina, a recent US graduate, has just been offered a job at $$90,000$ per year. She expects that her salary will grow by $4\%$ each year until she retires in $35$ years. Given a discount rate of $10\%,$ what is the present value of her salary, assuming she works in this job until retirement?$$1,500,000$$$867,974\mathrm{.}31$$$1,289,372\mathrm{.}95$ The answer cannot be calculated. $$1,560,000$