Question
Which salary arrangement is better for the employee if the interest rate is 5%? YEAR 1 2 3 4 Salary Arrang A $0 $120000 $120000
Which salary arrangement is better for the employee if the interest rate is 5%?
| YEAR | 1 | 2 | 3 | 4 |
| Salary Arrang A | $0 | $120000 | $120000 | $120000 |
| Salary Arrang B | $90000 | $90000 | $120000 | $120000 |
A-Salary Arrangement A
B-Salary Arrangement B
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Applied Quantitative Finance
Authors: W.; T. Kleinkow; G. Stahl Hardle
1st Edition
3540434607, 978-3540434603
