What is the present worth of the raise

Reference no: EM132156797

Question: Rose recently graduated in engineering. Her employer will give her a raise of $3500 per year if she passes the FE exam (Fundamentals of Engineering). Over a career of 40 years, what is the present worth of the raise if the interest rate is 7%? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132156797

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