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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 $15,000 and Zeta Consolidated offers a bonus paid at the end of the first year of $15,500. You assume you can earn 4.25% on a 1-year investment. The more valuable choice is:
A. Zeta Consolidated.
B. Alpha Industries.
C. The value of the bonuses is equivalent.
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