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Maria, a recent graduate from NC State, has accepted a job with a local company. Her boss tells her that if she stays with the
Maria, a recent graduate from NC State, has accepted a job with a local company. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $5,000. Question: Rounding to the nearest whole dollar, and assuming an annual discount rate of 8%, what is the value today of receiving $5,000 in five years? Reminder: Do not include symbols, decimals, or cents in your response. Answer: $ Note: Each factor table is provided in the links below. Choose the correct table to solve for the answer. Future value of a lump sum Present value of a lump sum Future value of an annuity Present value of an annuity
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