You have been pffored a job with an unusual bonus structure. As long as you stay with the firm, you will get an extra S00,000 every seven yearn, staring seven years from now What is the present valle...


You have been pffored a job with an unusual bonus structure. As long as you stay with the firm, you will get an extra S00,000 every seven yearn, staring seven years from now What is<br>the present valle of this incentive if you plan to work for the company for 42 years and the interest rate is 6.3% (EAR)? (Note: Be carefu not to round any intermediate steps less than six<br>decimal places)<br>The present value of this inoentive is S (Round to the nearest doliar.)<br>

Extracted text: You have been pffored a job with an unusual bonus structure. As long as you stay with the firm, you will get an extra S00,000 every seven yearn, staring seven years from now What is the present valle of this incentive if you plan to work for the company for 42 years and the interest rate is 6.3% (EAR)? (Note: Be carefu not to round any intermediate steps less than six decimal places) The present value of this inoentive is S (Round to the nearest doliar.)

Jun 11, 2022
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