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Please Do In EXCEL show formulas Thank you After 30 years with your company, you are planning to retire next week. Your company offers you
Please Do In EXCEL show formulas Thank you
After 30 years with your company, you are planning to retire next week. Your company offers you the choice of taking a one-time payment of $500,000 instead of taking the annual pension payments. Assuming you would receive $30,000 per year and plan to live for another 35 years, what would be the value of the one-time payment if the discount rate is 3% ? After 30 years with your company, you are planning to retire next week. Your company offers you the choice of taking a one-time payment of $500,000 instead of taking the annual pension payments. Assuming you would receive $30,000 per year and plan to live for another 35 years, what would be the value of the one-time payment if the discount rate is 3%Step by Step Solution
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