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whitebee930Lv1
28 Sep 2019
You've just joined the investment banking firm of Dreamville. They've offered you two different salary arrangements. You can have $95,000 per year for the next two years, or you can have $65,000 per year for the next two years, along with a $45,000 signing bonus today. The bonus is paid immediately, and the salary is paid in equal amounts at the end of each month. If the interest rate is 9 percent compounded monthly, what is the PV for both the options? (Calculate using using a normal calculator plz)
You've just joined the investment banking firm of Dreamville. They've offered you two different salary arrangements. You can have $95,000 per year for the next two years, or you can have $65,000 per year for the next two years, along with a $45,000 signing bonus today. The bonus is paid immediately, and the salary is paid in equal amounts at the end of each month. If the interest rate is 9 percent compounded monthly, what is the PV for both the options? (Calculate using using a normal calculator plz)
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Tod ThielLv2
28 Sep 2019