You’ve just joined the investment banking firm of dewey, cheatum, and howe. they’ve offered you two different salary arrangements. you can have $85,000 per year for the next two years, or you can have $74,000 per year for the next two years, along with a $20,000 signing bonus today. the bonus is paid immediately, and the salary is paid in equal amounts at the end of each month.
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You’ve just joined the investment banking firm of dewey, cheatum, and howe. they’ve offered you two...
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