f the price of attending Big Benefits University is $8,000 a year for tuition, fees, books, and and $25,000 in foregone earnings, what is the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate? If the average college graduate makes $38,000 more every year than the average high school graduate, what is the cumulative marginal benefit of a college education if the average college graduate works for 40 years, assuming a 3% inflation rate? c.In this scenario does it make sense to go to college, explain your answer.

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A: Annuity due : It is an annuity in which the periodic payment is paid at the beginning of each…

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A: Using excel Rate function

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A: Here, Cost = $35,000 Total years = 5 years interest rate = 3% per quarter compounded daily

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A: Expected graduate tuition in 6 years = Current Charges * (1+growthrate)^no. of years  Where, current…

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A: a) Discounted cash inflows after undergraduate course= 50000 x PVAF (10%,10)= 50000 x 6.14 = $307000…

Q: 3. Suppose a high schools graduate earns $40,000 per year while a college graduate makes $80,000.…

A: Earning of school graduate is $40,000 Earning of college graduate is $80,000 Cost of college per…

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A: The Tuition fees for 2 years is 10,000 which is assumed to be paid in day 1. Monthly income will be…

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A: PV= $500,000 Discount rate= 7% Time period= 10 years Future value (FV)=?

Q: Your friend is considering investing in a two-year MBA program. Tuition costs will be $60,000 for…

A: Hey, since there are multiple subpart questions posted, we will answer the first three questions. If…

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A: An Annuity is a series of payments of fixed amounts and at fixed intervals. These can be of two…

Q: How much money would you need at the present to pay for 4 years of college tuition if the first year…

A: Cost for first year = $40,000 Cost for second year = $40,000 + $5,000 = $45,000 Cost for third year…

Q: 1. You are 25, recently graduated, and have a job paying 98u a) You want to take a trip to Rome next…

A: "Hi, Thanks for the Question. Since you asked multiple sub parts question, we will answer first…

Q: to cost $40,000 and increased by 5% every yea

A:

Q: 3. To pay for college, you borrowed $ 1000 loar Government High Education Fund that make. 126 per…

A: Given information : Borrowed amount = $1000 Amount to be paid per year = $126 Time period = 25 years…

Q: 6. Calculating Rates of Return Assume the total cost of a college education will be $235,000 when…

A: Annual rate of return = (Future value / Present value)^(1/Time) - 1 where, Future value = $235,000…

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A: Given, Outflow = $ 200000   Infows =  $2000 per month for 5 years (60 months) $ 210000 at the end…

Q: 1. Jackie has just finished high school. She will live for two more periods, and she needs to choose…

A:

Q: year to go to school for 2 years. The total cost of going to school is $30,000. If you want to be…

A: The question is related to minimum income to recover the loss suffered over a period of 7 years.…

Q: Assume the total cost of a university education will be €290,000 when your child enters college in…

A: Future value = Present Value * (+rate)^No. of periods

Q: uppose you save $4,000 per year at the end of each year for 30 years and earn 5% interest per year.…

A: Annual saving = $ 4000 Period= 30  Years Annual interest rate = 5%   As per formula         Value…

Q: You have $400,000 to donate to your college. The college's discount rate is 6%. You donate the money…

A: The future value of any cash flow is the compounded value of all the current time zero’s deposit and…

Q: QUESTION: You are 20 years old and have completed your BBA and want to pursue further education but…

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Q: Ваy-Sean O'Hagan, having graduated summa сum laude trom coliege, has bеen accеpted by the doctoral…

A:

Q: 36)You are saving for the college education of your two children. One child will enter college in 5…

A: An investment is a commodity or object purchased with the intention of earning money or increasing…

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A: The worth of money changes with time; therefore, the TVM considers the value of money according to…

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A: Using excel PV function

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A: Total expense is $9,000 Amount paid is $2600 Simple interest rate is 5%   To Find: Monthly Payment

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A:

Q: 8)         Nabil is considering buying a house while he is at university. The house costs $200 000…

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A: When a stream of cashflows(annuity) is received forever, it is termed as perpetuity. The present…

Q: Upstate University charges $19,000 a year in graduate tuition. Tuition rates are growing at 3.25​%…

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A: given data  cost = $18000  a) inflation average per year = 8% total cost of a four year education…

Q: The average cost of a 4-year college education is projected to be $120,000.00 in 19 years. How much…

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Q: Future value: Your birthday is next week and instead of other presents, your parents promised to…

A: Compound interest formula used for Calculation of Future Value: FV= PV(1+r/n)^nt Present Value= PV=…