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You have two job offers that you are considering. The first offer gives you $10,000 as a signing bonus and pays $60,000 per year. There is a 1% guaranteed salary increase every year. The second offer has no signing bonus, but pays $61,000 and has a 1.5% guaranteed salary increase every year. If the interest rate of your savings account is 1.25% per year, which offer is economically better if you will work there for 30 years?

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Financial Management, Finance

Category:- Financial Management
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