The Mba Decision

Ben began working for his father and was bored quickly. Ben had a strong interest for everything and he wanted to learn and know it all. He tried other work options but none of which panned

In return, all James did was slander Benjamin’s name throughout the community so he wouldn’t be able to find work anywhere else. This was a big challenge for Benjamin because not only did he have a bad name that lasted quite a long time but he also had to force himself to move to distant places like New York and Pennsylvania. He had to travel under dangerous conditions across seas to find another job. Also another challenge Benjamin faced after leaving his fathers job, was that he couldn’t find a long stable and suitable job for himself. He always faced problems at every new job he joined. On his way to New York, Benjamin meets Bradford, who was not able to offer him any jobs. But he refers Benjamin to his son Andrew who was a printer in Pennsylvania. When Benjamin gets to Pennsylvania, Andrew did not have a job to offer him. Then Andrew refers him to go work for Keimer, who is also another printer. Although Keimer gave Benjamin work, but it doesn’t last long. He later stops living with Keimer and ends up leaving the job. From these events in his life we are able to see the cycle and pattern, and he might face similar challenges in the future. Benjamin gets pushed around from places to places to find a jobs with very few people recognizing his ability and passion to write, and how much of an intellectual, he was. He wasn’t able to save up his money due

13. What is the formula for the Present Value (PV) for a finite stream of cash flows (1 per year) that lasts for 10 years?

Age will be an important factor affecting his decision of getting an MBA course in multiple ways. After graduated six years ago, time has been taken off from education and invested into his career. Keeping on risingwith age and six years break from education, it will not only be more difficultto concentrate and remain good attitude towards studies, but also keep family and work responsibilities. Moreover, he would have only approximately 38 to 39 more years for work if he decides to take the program.Thisdoes not accord with his initial plan to work for 40 more years.

Given that the total profit over 8 years is $1.2375B (or $155M per year for 8 years), we will now compute the Present Value of this amount using the following formula:

The present value of an outlay in perpetuity for a particular project can be calculated as follows:

His early career days were under an apprenticeship with his brother, James. After a while, like any brother would, Ben wanted to have equal power in his brother’s company. James did not appreciate the notion and declined the offer. Benjamin and his sheer determination to be just as good as his brother did not give up there. Eventually, after many requests, James and Ben got into a heated arguement. An argument between siblings further shows how Franklin was living an ordinary life. Since the argument could not be settled, Benjamin ran away from home to avoid further

Ben had a tough childhood. They were very poor as they had to feed and give clothes for 13 children. Ben was at the age of 17 when he made a big decision. He wanted a better life so he ran away from home. When he became pretty rich again he helped to buy guns for America during the war with England.

Ben Woodwork, a 35-year-old man, he had worked for the FBI for 8 years. He was trusted by the head of FBI. He had been given a special task to do, which is to spy on terrorist groups. Most of the spies don’t end up alive when they return back to their home country, but Ben was still strongly hoping that he could take that job. However, they have given him the job after the training process and the testing process that he just finished (to see if he got to the level to be a spy). Apparently, he did get through the test. His first mission given was

in all and Ben was number 10. Ben only went to school for 1 year and was helping his

Benjamin Franklyn’s perseverance is one of his most honorable character traits. When he was just 12 years old, he quit school and signed an apprenticeship for 9 years, working for his older brother at his printing shop. Even though Ben loved books and

Benjamin didn’t want to continue with the chosen family trade and was eyeing going out to sea, his father being unquestionably against it went on to show Benjamin every trade on land to persuade him away from being a fisherman. Knowing that Franklin had a love for reading anything he could get his hands on his father sent him to be his older brother’s apprentice in printing. On to the age of twelve Benjamin sign a contract under his brother stating that he would be apprentice until age of twenty-one and only receive payment for the last year of work. Years would go by and his brother would get into trouble having to go in front of a board, the deciding factor that he could no longer print his newspaper. So, Ben’s brother decided to put the newspaper under the name of Benjamin Franklin. A sibling dispute happened conversely Benjamin tried to find work elsewhere, only to be turned down for his brother had spoken to every master in town giving them reasons why to not hire

Ben’s age is a very important factor which can affect his decision to get an MBA degree.

Ben’s wealth is part of his mythic quality. In both of the episodes that Willy remembers, Ben’s final word is “Rich” (miller 52, 87). The source of his wealth is vague, two completely stories are shared. First, there is the repeated tale of walking into the jungle at seventeen and walking out at twenty-one having made a fortune. But this is not an explanation, it is “an incantatory formula” (Jacobsen 251). Key to this formula is the reference to God. “And by God I was rich” (Miller, 50, 52). This places the responsibility for success in other than human hands, thereby rending any advice Willy might ask for as pointless. In contrast, there is a suggestion of a more common truth behind Ben’s success in the practical advice he gives Biff. “Never

To calculate the NPV ( Net Present Value) we discount the cash flow at the given discount rates