Arif graduated from engineering 5 years ago. The employer will give him an increase of RM 10,000 annually: Engineering Economic Home Work, SU, Malaysia

University Sunway University (SU)
Subject Engineering Economic

Arif graduated from engineering 5 years ago. The employer will give him an increase of RM 10,000 annually if he passes the PE exam. If he worked for 35 years with the company, how much value for money would be expected to be earned ‘now’ if the interest rate is 8%?

Engineering Economic

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