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Business, 15.04.2020 22:48 dlshadowmorfe

George Anders has just been offered a job at $65,000 per year, with the first payment made one year from today. He anticipates his salary will grow by 2% per year until his retirement in 40 years. Given an interest rate of 10%, calculate the present value of his lifetime salary. (Enter a positive value and round to 2 decimals)

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