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Shairy Corporation is offering you the following employment contract ( for your dream job as marketing accountant ) :Work for Shairy for the next 1
Shairy Corporation is offering you the following employment contract for your dream job as marketing accountant:Work for Shairy for the next years and receive a compensation of $ per year for this period. However this pay is not all cash Rather, you obtain $ cash per year which you spend and the remaining $ are placed towards your retirement fund. You can access this fund upon your retirement in years from today. The fund will pay you an annuity of $ per year until it runs out of money.How many years will your retirement fund last if interest rates remain at annually
Shairy Corporation is offering you the following employment contract for your dream job as marketing accountant:Work for Shairy for the next years and receive a compensation of $ per year for this period. However this pay is not all cash Rather, you obtain $ cash per year which you spend and the remaining $ are placed towards your retirement fund. You can access this fund upon your retirement in years from today. The fund will pay you an annuity of $ per year until it runs out of money.How many years will your retirement fund last if interest rates remain at annually
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