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corie corie
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7 years ago
Suppose you plan to retire in eight years, but your boss would like you to earn an online MBA in order to take on a new managerial position.  The firm will continue to pay your salary while you are working through the online courses, and the new position pays an additional $15,000 per year.  The online MBA tuition is $35,000 per year, and your discount rate is 5%.  Should you complete the degree?
A) No, the net present value of the degree is negative.
B) Yes, the net present value of the degree is about $4,300
C) Yes, the net present value of the degree is about $20,000
D) We do not have enough information to answer this question.
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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CanihCanih
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#1
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7 years ago
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corie Author
wrote...

7 years ago
this is exactly what I needed
jaray75
wrote...

Yesterday
Good timing, thanks!
ofsuahasiufhoas
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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