Ibm offers jeff zvotek a 70000 bonus he will recieve the, Financial Management

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Ibm offers jeff zvotek a 70000 bonus he will recieve the

IBM offers Jeff Zvotek a $70,000 bonus. He will recieve the bonus if/when he has been with IBM for five years, and demonstrated loyalty.

How much should IBM deposit today, in an account earning 7.27%, compounded weekly in order to have a $70,000 balance to give to Mr. Zvotek in five years.

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Financial Management: Ibm offers jeff zvotek a 70000 bonus he will recieve the

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Financial Management: Ibm offers jeff zvotek a 70000 bonus he will recieve the

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