Mr. Robert Jones just accepted the $70,000 salary job with the Agricultural National Bank and...
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Accounting
Mr. Robert Jones just accepted the $70,000 salary job with the Agricultural National Bank and has passed up another banking alternative with a $80,000 starting salary. Assuming the salary differential persists over his 40 -year employment career; what is the annual difference of $10,000 worth now, using a 6% interest rate

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