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Posted on Sep 04, 2024

You will earn $ 4 0 , 0 0 0 a year for the next 1 0 years and will receive a pay increase of

You will earn $

40, 000

a year for the next

10

years and will receive a pay increase of

2 %

annually, how much is it worth today, using a

5 %

annual interest rate?

How to solve it using Financial B

2

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