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

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