Problem: If you decide to become a banker, you can start your job immediately, with a yearly salary of $50,000 for the first two years. Your salary will increase to $60,000 in the third year, and then grow at a rate of 5% each year thereafter. You anticipate working for 30 years before retiring. However, given the uncertainty of the banking industry, you have decided to use a 10% discount rate to evaluate your potential earnings.