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Please include with your answer the excel formula used to answer the question (EX. =FV, =PV, =NPER, =RATE) You are considering two competing job offers.
Please include with your answer the excel formula used to answer the question (EX. =FV, =PV, =NPER, =RATE)
You are considering two competing job offers. | ||||||
One will pay you a base salary of $100,000 and a bonus after 12 months of $10,000. | ||||||
The other will match the base salary but will offer you a bonus after 18 months of $13,000. Which job offer has a better bonus structure? | ||||||
Assume you stay in the job long enough to earn the bonus. |
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