Problem
"The Firm" is offering a new engineering graduate $65,000 per year, a Mercedes worth $40,000 every 6 years beginning at time 0, a new 4 × 4 worth $25,000 every 6 years beginning in year 3, and a lump sum retirement in 30 years of $1 million. The $1M is generous enough that there is no Mercedes in year 30. If i = 8%, what is the EAW of this offer?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.