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You are considering two job offers that are equivalent in every way except for the bonus. Alpha Industries offers a bonus paid on the first
You are considering two job offers that are equivalent in every way except for the bonus. Alpha Industries offers a bonus paid on the first day of $5,000 and Zeta Consolidated offers a bonus paid at the end of the first year of $5,150. You assume you can earn 2.90% on a 1-year investment. The more valuable choice is:
A. | Alpha Industries. | |
B. | Zeta Consolidated. | |
C. | The value of the bonuses is equivalent. |
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