Tom Adams has received a job offer from a large investment bank as a clerk to an associate banker. His base salary will be $51,000. He will receive his first annual salary payment one year from the day he begins to work. In addition, he will get an immediate $20,000 bonus for joining the company. His salary will grow at 4 percent each year. Each year he will receive a bonus equal to 10 percent of his salary. Mr. Adams is expected to work for 30 years. What is the present value of the offer if the discount rate is 8 percent?

answer; (1) blank; decreases; ///blank(2) increases; ///blank(3)increases;

it's actually a very difficult task, due to not many people can make 2 million dollars in 2 years. besides that, to the not-so-realistic ideas, you can create a business. it could be practically anything, but make it into a business that isn't that known yet, you get me? also, lets not forget about stock market. that's where all the good stuff happens. use investments at the beginning and begin to raise up your business or whatever you're going to do. as this is a very non-realistic idea, it's still worth the shot!

answercountries with higher real income per capita tend to have higher levels of this index.

for storing the moneys