Question: After attaining your registration as a Professional Engineer, you receive a raise (at the end of year 1) of $2,500. You will save this amount

After attaining your registration as a Professional Engineer, you receive a raise (at the end of year 1) of $2,500. You will save this amount annually over your 35-year career. At an interest rate of 8% p.a., determine a) the present value and b) the future value.

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