Cathy a graduating civil engineering student is offered a, Ask an Expert

Economics

Cathy, a graduating civil engineering student, is offered a job at a remote construction project overseas. If Cathy is still with the project when it is completed at the end of year 5, she will receive a bonus of $100,000. Her discount rate is 12%. What is the present worth of the bonus?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92635802

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