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You have been offered a job with an unusual bonus structure. As long as you stay with the firm, you will get an extra $
You have been offered a job with an unusual bonus structure. As long as you stay with the firm, you will get an extra $ 68 comma 000$68,000 every seven years, starting seven years from now. What is the present value of this incentive if you plan to work for the company for 4242 years and the interest rate is 5.8 %5.8% (EAR)? (Note: Be careful not to round any intermediate steps less than six decimal places.)
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