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can somebody help me??
growing annuities - mitchai khieu has received a job offer from a large investment bank as a clerk to an associate banker. His base salary will be VND 75000. He will receive his first annual salary payment one year from the day he begins to work. In adddition, he will get an immediate VND 10000 bonus for joining the company. His salary will grow at 4 percent each year. Each year he will receive a bonus optimal to 10 percent of his salary. Mr. Mitchai is expected to work for 25 year. What is the present value of the offer if the discount rate is 12 percent?
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