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Problem:

Roslyn graduated from engineering school. Her employer will give her a raise of $6500 per year, if she passes the FE exam. Over a career of 45 years,

Required:

Question 1: What is the present worth of the raise; if the interest rate is 4%?

Note: Provide support for your rationale.

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  • Category:- Basic Finance
  • Reference No.:- M91162208

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