At age 35, Cynthia earns her MBA and accepts a position as a vice president...
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Calculus
At age 35, Cynthia earns her MBA and accepts a position as a vice president of an asphalt company. Assume that she will retire at the age of 65, having received an annual salary of $105,000, and that the interest rate is 4%, compounded continuously. a) What is the accumulated present value of her position? b) What is the accumulated future value of her position?
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