Your first job pays you $45,000 the first year, $48,000 the second year and $49,000 the third year. You then take another job and start making $57,000 in the first year. Your pay increases by 5% for the next six years (ten years total)

1. What is your salary in the 10th year?

2. The Government tells you the infaltion is 2.6% on average. What's the present value of the salary you make in the 10th year?

3. What is the PV if the inflation is 6%?