Supposed you are offered to work on a big company, with P20,000 monthly net income. But you are also considering another offer by a smaller firm with P8,000 semi-monthly net income but you can be promoted faster due to its smaller-scaled organization will be receiving a P500.00 salary increased after 2.5 years. At 10% annual interest worth of money, on which offer will you be considering advantageous salary-wise after 5 years? Explain your answer.
Supposed you are offered to work on a big company, with P20,000 monthly net income. But you are also considering another offer by a smaller firm with P8,000 semi-monthly net income but you can be promoted faster due to its smaller-scaled organization will be receiving a P500.00 salary increased after 2.5 years. At 10% annual interest worth of money, on which offer will you be considering advantageous salary-wise after 5 years? Explain your answer.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Supposed you are offered to work on a big company, with P20,000 monthly net income. But you are also considering another offer by a smaller firm with P8,000 semi-monthly net income but you can be promoted faster due to its smaller-scaled organization will be receiving a P500.00 salary increased after 2.5 years. At 10% annual interest worth of money, on which offer will you be considering advantageous salary-wise after 5 years? Explain your answer.
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