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Q5. You are subject to the following income schedule: earn a salary of $31,000 next year, $34,000 in year 2, and $40,000 in year 3.
Q5. You are subject to the following income schedule: earn a salary of $31,000 next year, $34,000 in year 2, and $40,000 in year 3. What will be your three income payments ten years from now (or in the end of year 10) if you receive annual raises of 2.2 percent
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