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Question: 1 given 2 jobs job a which pays 10000 in...

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1) Given 2 jobs: Job A which pays $10,000 in the 1st year and $57,000 in the 2nd year Job B which requires attending a seminar in the first year costing $13,000 (to be paid out of pocket) then making $88,000 in the 2nd year. If a person has a discount rate of 9% which one would he choose?

2)Given 2 jobs: Job A which pays $10,000 in the 1st year and $57,000 in the 2nd year Job B which requires attending a seminar in the first year costing $13,000 (to be paid out of pocket) then making $88,000 in the 2nd year. If a person has a discount rate of 42% which one would he choose?

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