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Given a Project Salary Cost of $400,000 Per Year and Forecasted

Question 18

Multiple Choice

Given a project salary cost of $400,000 per year and forecasted wage increases of 5 percent per year,calculate the non-discounted total salary cost over a three-year project lifecycle.


A) $61,000
B) $1,200,000
C) $1,240,000
D) $1,261,000

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