Paul works for a government agency in southern California making $65,000 per year. He is now being transfarred to a branch office in Tennessee. The salary reduction assoclated with this transfer is 12%. Paut is not instilted by this reduction in pay and accepts his new location and salary gladly. He researched that the cost of living index in Califomia is 130 whereas the cost of living index in Tennessee is 94 . Over the next five years, what is the FW of Paul's extra income/improved life style (through the reduced cost of living) from having made this move? Paul's MARR is 12% per year (in) Click the icon to view the interest and annuity table for discrete compounding when 1=12% per year The FW of Paul's extra income/improved life style is $ (Round to the nearest dollar) More Info