Which is worth more to you: (a) a $10,000 payment today or (b) a $1,000-per-year higher salary

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Which is worth more to you:

(a) a $10,000 payment today or

(b) a $1,000-per-year higher salary for as long as you work? At what interest rate would (a)

be worth more to you than (b)? Does your answer depend on how many years you expect to work?

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Related Book For  book-img-for-question

Strategic Management For Hospitality And Tourism

ISBN: 9780750665223

1st Edition

Authors: Fevzi Okumus Levent Altinay Prakash Chathoth

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