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will leabe good rating!!!! your firm has signed a new employee to a three-year contract. the details of the contract provide an immediate cash bonus
will leabe good rating!!!! your firm has signed a new employee to a three-year contract. the details of the contract provide an immediate cash bonus to be paid today of $10,000. the new employee will receive 60,000 in salary at the end of the first year (that is one year from today 75,000 the next year that is two years from today) and 90,000 at the end of the last year on the contract (that is three years from today). assuming an 8% discount how much is the employees contract worth? show all work
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