You are hetting paid $12,000 a month, at the end of each wokeing month. What is the present value of a year's salary knowing that the annual interest rate is 9%. You employer is also offering to pay you $6,000 bi month(twice a month). What are the present values of a year salary paid in these two different way? which one do you prefer if you want to maximize the present value of your payments.

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A: The Present Value refers to a concept that states the discounted value or say value at today's time…

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Q: u are getting paid $8,000 a month, at the end of each working month. What is the present value of a…

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A: Present value = Annuity * PVAF ( rate, years ) Present value = Amount * PVIF ( rate, years )

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Q: Suppose your annual starting salary is $54,076. After working for a few years, you start to get…

A: Initial Salary = $54,076Growth rate for first 3 Times = g3 = 0.7%Growth rate for next 6 Times = g6 =…

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A: =$12235.13

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Q: a. Suppose that between the ages of 22 and 36, you contribute $9000 per year to a 401(k) and your…

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Q: You want to make sure that you have $9,000 after 3 years to pay off for a debt. Your salary allows…

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Q: Suppose a graduate student receives a non-subsidized student loan of $11,000 for each of the 4 years…

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Q: If your friend borrows $50 on Friday and agrees to pay you back $60 on Monday, what percent interest…

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