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Engineering, 21.02.2020 23:52 RandomLollipop

You must decide between job offers from CPM Construction and Fudd Associates. Both companies concentrate on sustainable commercial construction, have similar fringe benefits and offer comparable salary increases. CPM Construction offers you a $20,000 sign-up bonus, while Fudd Associates will give you $30,000 after 3 years in the job. At what interest rate will you be indifferent between these two choices?

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