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Your employer contributes $50 a week to your retirement plan. Assume that you work for your employer for another 12 years and that the applicable
Your employer contributes $50 a week to your retirement plan. Assume that you work for your employer for another 12 years and that the applicable discount rate is 8%. Given these assumptions, what is this employee benefit worth to you today? (Show each step: ie., PV, N, I/Y, PMT and FV, time line is not necessary)
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