Use the following information to do a CBA of going to college and earning your BS degree instead of working with your HS diploma. Assume that you are unable to work during the time you are in college HS income: $36,000 BS income: $63,000 College out of pocket costs: $13,000 College n 4 years Career n 35 years Use r=3% and annual compounding

Use the following information to do a CBA of going to college and earning your BS degree instead of working with your HS diploma. Assume that you are unable to work during the time you are in college HS income: $36,000 BS income: $63,000 College out of pocket costs: $13,000 College n 4 years Career n 35 years Use r=3% and annual compounding

Financial Accounting: The Impact on Decision Makers

10th Edition

ISBN:9781305654174

Author:Gary A. Porter, Curtis L. Norton

Publisher:Gary A. Porter, Curtis L. Norton

Chapter9: Current Liabilities, Contingencies, And The Time Value Of Money

Section: Chapter Questions

Problem 9.12MCP

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