You've just joined the investment banking firm of Dewey, Cheatum, and Howe.?


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You've just joined the investment banking firm of Dewey, Cheatum, and Howe. They've offered you two different salary arrangements. You can have $91,500 per year for the next two years, or you can have $70,000 per year for the next two years, along with a $35,000 signing bonus today. The bonus is paid...


Banks in Howe, IN



Answer (1):

jim m

1st araingment 348858.83
Second arrangement 543774.45

Now this is if your interest is 9 percent Monthly compounded.

If you meant 9 percent annually but compounded monthly you will get a different answer.