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n i PV$1 FV$1 PVA FVA 3 8% 0.79383 1.25971 2.57710 3.2464 You accepted a job offer with a local company that has offered to

n

i

PV$1

FV$1

PVA

FVA

3

8%

0.79383

1.25971

2.57710

3.2464

  1. You accepted a job offer with a local company that has offered to give you a signing bonus of $12,000 or a $15,000 bonus in 3 years (guaranteed). Your current investment rate is 8%. What is the best economic decision, take the bonus today or wait 3 years?

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