You recently get a new job and will be given a raise
You recently get a new job and will be given a raise (beginning in year 1) if $5000 every year. Assume a career spanning 35 years and an interest rate of 8% p.a.
(a) Determine the present value
(b) Determine the future value
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you recently get a new job and will be given a raise beginning in year 1 if 5000 every year assume a career spanning 35
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