Ms. Young Lender who accepted a $45,000 salary from the Ag National Bank passed up another banking alternative that is further away with a $47,500 salary. Assuming the salary differential persists over her 40 year employment, what is the annual difference of $2,500 worth now, using a 5% discount rate?

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The detailed answer for the above question is provided below Assuming Ms Young Lender receives a 2... View the full answer