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You can have $7,000 per month for the next two years, or you can have $5,700 per month for the next two years, along with

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You can have $7,000 per month for the next two years, or you can have $5,700 per month for the next two years, along with a $31,000 signing bonus today. Assume the interest rate is 6 percent compounded monthly. a. If you take the first option, $7,000 per month for two years, what is the present value? Note; Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16 . b. What is the present value of the second option? Note: Do not round intermediate colculations and round your answer to 2 decimol ploces, e.g., 32.16

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