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Zulu corporation hires a new CEO and promises to pay him a signing bonus of $50,000 for years he works for the company, starting from

Zulu corporation hires a new CEO and promises to pay him a signing bonus of $50,000 for years he works for the company, starting from one year after he joins the company. if the CEO plans to stay for 5 years int he cmopany, how much the bonus worth when he leaves in 5 years suppose the interest rate is 8%

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