Adam current salary is 106000 annually. He expect that his salary will growth 6% every year until

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Adam current salary is £106000 annually. He expect that his salary will growth 6% every year until retirement. He is 28 years old currently and he will work for another 38 years. His average tax rate is 30%.

What is the total salary does he have when retire?

Related Book For answer-question

Fundamentals Of Corporate Finance

ISBN: 9780135811603

5th Edition

Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford

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Posted Date: Oct 05, 2023 01:28 AM

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Adam current salary is 106000 annually. He expect that his salary will growth 6% every year until

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Fundamentals Of Corporate Finance

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