please explain or excel formulas, thank you.

Mateo has received a job offer from a large investment bank as a clerk to an banker. His base salary will be $59,000. He will receive his first annual salan one year from the day he begins to work. In addition, he will get an immediat bonus for joining the company. His salary will grow at 3.9 percent each year. he will receive a bonus equal to 10 percent of his salary. He is expected to w years. What is the present value of the offer if the discount rate is 10 percent round intermediate calculations and round your answer to 2 decimal ple 32.16.) Mateo has received a job offer from a large investment bank as a clerk to an associate banker. His base salary will be $59,000. He will receive his first annual salary payment one year from the day he begins to work. In addition, he will get an immediate $15,000 bonus for joining the company. His salary will grow at 3.9 percent each year. Each year he will receive a bonus equal to 10 percent of his salary. He is expected to work for 20 years. What is the present value of the offer if the discount rate is 10 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)