Question: (CHAPTER 6) A large software company is planning to hire three senior software developers and offer them a very competitive annual salary End of year
(CHAPTER 6) A large software company is planning to hire three senior software developers and offer them a very competitive annual salary End of year 1 for 1 year from today hire the first developer and immediately pay $10,000 as a lump sum for the first year of work, End of year for 2 years from today: hire the second developer and immediately pay $66.000 as a lump sum for the first year of work End of year 3 for 3 years from today hire the third developer and immediately pay $77,000 as a lump sum for the first year of work The company is planning for generous salary increases at the annual rate of 3. How much TOTAL salary will the company have to pay to all three hired employees 5 years from today? perasa decimal places for any intermediate calculations, from the deit 210 for example, even higher. The more the beteet Onty round your tout en Two decina postorax, 0002
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