A software engineer had been offered $50,000 per year for the next 10 years and then $80,000
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A software engineer had been offered $50,000 per year for the next 10 years and then $80,000 per year for the following 15 years for the rights to his new smart phone app. At 5% annual interest rate, how much is this offer worth today?
Related Book For
Advanced Financial Accounting
ISBN: 978-0078025624
10th edition
Authors: Theodore E. Christensen, David M. Cottrell, Richard E. Baker
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