Show all work. Thank you! answer should be close to () Would you be better off in real terms if you
Show all work. Thank you! answer should be close to () Would you be better off in real terms if you take a job earning$80,000 per year with 3% expected wage growth for the next 40years, or accepting $50,000 per year with expected wage growth of8% for 40 years if inflation is estimated to be 2% per year? (PVfor 50k is $7,365,690 and PV for 80k option is$3,818,765) . . .
