Linda's salary is $30000 a year As a part of it's incentive program the company decides to give her a raise of $3000 every year What is the discounted value of her income for the next 15 years at j 1 j1 5 7 To keep things simple, assume Linda is paid her entire salary at the end of each year

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Linda's salary is $30000 a year  As a part of it's incentive program the company decides to give her a raise of $3000 every year  What is the discounted value of her income for the next 15 years at j 1 j1   5 7   To keep things simple, assume Linda is paid her entire salary at the end of each year

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Linda's salary is $30000 a year. As a part of it's incentive program the company decides to give her a raise of $3000 every year.

Linda's salary is $30000 a year. As a part of it's incentive program the company decides to give her a raise of $3000 every year. What is the discounted value of her income for the next 15 years at j1j1 = 5.7%?
To keep things simple, assume Linda is paid her entire salary at the end of each year.

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