Ask Question
15 May, 02:44

You give up a full time salary of 45,000 a year to go to school for 2 years the total cost of going to school is 30,000, if want to be able to recover your investment in 5 years or less what is the minimum salary you would need to earn upon earning your degree?

+4
Answers (1)
  1. 15 May, 02:50
    0
    I would say that this person has lost out on 2 years salary while in school plus 5 year repayment period. Total amount divided over 5 years is:

    ((2+5) (45,000) + 30,000) / 5 =

    (7 (45,000) + 30,00) / 5 = 69,000 salary
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “You give up a full time salary of 45,000 a year to go to school for 2 years the total cost of going to school is 30,000, if want to be able ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers