Question: I am using the BA 2 Plus calculator. If you can explain how to solve this problem using the calculator I would appreciate it. I'm

I am using the BA 2 Plus calculator. If you can explain how to solve this problem using the calculator I would appreciate it. I'm preparing for my exam so knowing how to do it on the calculator would be helpful. But, if it can only be done through equations I understand. Thanks!

QUESTION 28 After acing F|N301 and continuing on through a highly successful academicjourney to a LeBow Bachelors of Science in Finance, you receive an analyst position atJPMorgan Chase. Your starting salary will be $70,000 for the first two years, and then $105,000 for the following 2 years when you are inevitably promoted to Associate. Given your sterling credentials, you receive a moving bonus (to NYC, of course) of $3,000. What is the present value of your first four years of compensation, if the discount rate is 10%? Meta Bene: assume Year 1 Salary arrives at the end of Year 1, and so on. O $268,598.46 0 $274,819.30 0 $275,092.07 0 $305,035.57 0 $353,000.00

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