Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $6,000.

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Maddy works at Burgers R Us. Her boss tells her that if she stays with the company for five years, she will receive a bonus of $6,000.

With an annual discount rate of 8%, calculate the value today of receiving $6,000 in five years. (

FV of $1

,

PV of $1

,

FVA of $1

, and

PVA of $1

)

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