(Answered) Your first job out of college will pay you 65000 in year

Management Studies

Your first job out of college will pay you $65000 in year 1(exactly one year from today). You estimate that your salary will grow at 5% per year for 30 years (compounded annually). If the applicable discount rate is 10%, what is the present value of these future earning today?

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Business Management, Management Studies

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