Solution-Which is the better offer

Which is the better offer

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Question - You are considering two salary offers. The first one will pay you $80,000 a year for two years. The second one will pay you $60,000 a year for two years and a $35,000 additional bonus, paid today. The salaries would be paid in a lump sum at the end of each year. If the interest rate is 5%, compounded monthly, which is the better offer?

Reference no: EM132826120

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Which is the better offer

Reference no: EM132826120

Reference no: EM132826120

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