Business

Maurice

15 August, 20:47

Consider Larry's decision to go to college. If he goes to college, he will spend a total of $120,000 on tuition, $30,000 on room and board, and $3,500 on books over four years. If he does not go to college, he will earn $30,000 annually working in a store and spend $7,000 on room and board each year. Larry's cost of going to college is

a. $123,500.

b. $153,500.

c. $190,500

d. $245,500

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