Finance Assignment | Top Essay Writing

Your boss has just congratulated you on the wonderful job you did this year. In order to formally recognize your achievements, he would like to either give you a bonus or increase your salary. If you take the bonus, you will receive $5,000 immediately.

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The salary increase would be a 1.5% addition to the 40,000 per annum you currently receive, payable at each year-end. In either event, you must pay taxes at a rate of 44% and plan to work at this company for the next 10 years. If you can invest any earning at a rate of 7%, which should you choose? Get Finance homework help today

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