Question: 2 [ 6 ] Khaled graduated in engineering 5 years ago. His employer will give him a raise of 8 , 0 0 0 SAR

2
[6] Khaled graduated in engineering 5 years ago. His employer will give him a raise of 8,000 SAR per year if he passes the PE exam (Professional Engineer).
a. Over a career of 30 years, what is the present worth of the raise if the interest rate is 7%?
b. What is the future worth at year 30?
2 [ 6 ] Khaled graduated in engineering 5 years

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