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Linda's salary is $ 4 9 0 0 0 a year. As a part of it's incentive program the company decides to give her a

Linda's salary is $49000 a year. As a part of it's incentive program the company decides to give her a raise of $1000 every year. What is the discounted value of her income for the next 11 years at j1=6.2%?
To keep things simple, assume Linda is paid her entire salary at the end of each year.
Answer: $
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