What is the value of this investment today

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You invested $1200 three years ago. During the 3 years, you earned annual rates of return of 4.8%, 9.2% and 11.6%. What is the value of this investment today?

You have offered a job at $50000 a year, You anticipate your salary increasing by 5% a year until you retire in 40 years. Given an interest rate of 8 percent, what is the present value of your lifetime salary?

Reference no: EM132466234

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