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31 March, 04:20

Consider Paul's decision to go to college. If he goes to college, he will spend $90,000 on tuition, $15,000 on room and board, and $7,000 on books. If he does not go to college, he will earn $22,000 working at a construction job and he will spend $11,000 on room and board. Paul's cost of going to college is A. $96,000. B. $123,000. C. $110,000. D. $114,000.

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  1. 31 March, 08:19
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    B. $123,000

    Explanation:

    The computation of the Paul's cost of going to college is presented below:

    = Tuition fees + room and board charges + books expenses + earning as a construction job - room and board charges

    = $90,000 + $15,000 + $7,000 + $22,000 - $11,000

    = $123,000

    We simply deduct the room and board charges while working as a construction job and the other items would be added
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