Mr. Adrian's 30-year annual basic income is given by the formula: y = 130.000 + 20,000 (x-1980).Where
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Mr. Adrian's 30-year annual basic income is given by the formula: y = 130.000 + 20,000 (x-1980).Where x is the year and y is the basic income. He started working in 1981 and retired in 2010.
How much is his retirement pay after 30 years of service in the company?
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0133400694
1st canadian edition
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford, David A. Stangeland, Andras Marosi
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