Your first job out of college will pay you $81,000 in year 1 (exactly one year from today). You estimate that your salary will grow at 7% per year for 44 years (compounded annually), when you'll stop working. If the applicable discount rate is 13%, what is the present value of these future earnings today? Round to the nearest cent.

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A: GOAL (FV) 27940 INTEREST RATE 6.20% YEARS 8+12=20 PMT 0 PV 9500

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Q: How many years will it take to reach your goal?

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A: Working note:

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