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You just got a job offer. The salary the first year would be 1 0 0 k , the second year it would be 3
You just got a job offer. The salary the first year would be k the second year it would be more, and the rd year it would increase again by another Thereafter, you would receive a percent raise annually indefinitely. The interest rate is currently Your other job offer is offering you a flat salary of $K a year, and they have indicated you will never get a raise. Assuming all else equal about the jobs, which salary is better? Solve for each, show all calculations, and show the comparison.
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