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You have just joined a new company that has offered you a choice of two salary arrangements. You can have $70,000 per year for the

You have just joined a new company that has offered you a choice of two salary arrangements. You can have $70,000 per year for the next 3 years, or you can have $60,000 per year for the next three years along with an $48,000 signing bonus today. If the interest rate is 9%, which salary arrangement do you prefer

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