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Youve just joined the investment banking firm of dewey

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You"ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They"ve offered you two different salary arrangements. You can have $7,500 per month for the next two years, or you can have $6,000 per month for the next two years, along with a $30.000 signing bonus today. If the interest rate is 7 percent compounded monthly. which do you prefer?

Reference no: EM13574895

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