What is the present value of your annual salary

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After graduating with a liberal arts degree, you expect to make around $60,000 per year after finding a job. Fortunately, you minored in sustainability and know that in 10 years, people with sustainability minors are forecasted to make 50% more than people without sustainability minors. What is the present value of your annual salary 10 years from now if the discount rate is 2.5%?

Reference no: EM131962639

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