You work with an annual salary of $120,000. the company you work for gives a lump sum
Fantastic news! We've Found the answer you've been seeking!
Question:
You work with an annual salary of $120,000. the company you work for gives a lump sum of $4,630,500 to employees who worked for the company for 25 years on their 25th anniversary day. What is the present value of the lump sum assuming a discount rate of 12%?
Related Book For
Taxation for Decision Makers 2017
ISBN: 9781119373735
7th edition
Authors: Shirley Dennis-Escoffier, Karen Fortin
Posted Date: