Your first job out of college will pay you $65000 in year 1(exactly one year from today).

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Your first job out of college will pay you $65000 in year 1(exactly one year from today). You estimate that your salary will grow at 5% per year for 30 years (compounded annually). If the applicable discount rate is 10%, what is the present value of these future earning today?

$611244.67

$752315.74

$978010.46

$1045910.97

Posted Date: Jun 25, 2024 04:28 PM

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Your first job out of college will pay you $65000 in year 1(exactly one year from today).

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