You Are Considering Changing Jobs

question 68

Multiple Choice

You are considering changing jobs.Your goal is to work for three years and then return to school full-time in pursuit of an advanced degree.A potential employer just offered you an annual salary of $41,000,$43,000,and $46,000 a year for the next three years,respectively.All salary payments are made as lump sum payments at the end of each year.The offer also includes a starting bonus of $3,000 payable immediately.What is this offer worth to you today at a discount rate of 6.75 percent?

• A)$111,406
• B)$114,545
• C)$116,956
• D)$120,212
• E)$133,697

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