Define what is the eaw of the offer

Reference no: EM132160365

Question: "The Firm" is offering a new engineering graduate $65,000 per year, a Mercedes worth $40,000 every 6 years beginning at time 0, a new 4 × 4 worth $25,000 every 6 years beginning in year 3, and a lump sum retirement in 30 years of $1 million. The $1M is generous enough that there is no Mercedes in year 30. If i = 8%, what is the EAW of this offer?

Reference no: EM132160365

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