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Present value. You are currently in the job market. Your dream is to earn a six-figure salary ($110,000). You hope to accomplish this goal within
Present value. You are currently in the job market. Your dream is to earn a six-figure salary ($110,000). You hope to accomplish this goal within the next 26 years. In your field, salaries grow at 3.5% per year. What starting salary do you need to reach this goal? What starting salary do you need to reach this goal? (Round to the nearest cent.)
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