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as follows $ 4 2 , 4 3 6 the third year. a . To start your analysis of whether to go to law school,
as follows
$ the third year.
a To start your analysis of whether to go to law school, calculate the present value of the future earnings that you will realize by going directly to work, assume a discount rate of percent.
c If you pay your law school tuition at the beginning of each year, what is the present value of your tuition, assuming a discount rate of percent?
a What is the present value of the future earnings that you will realize by going directly to work, assuming a discount rate of percent?
Round to the nearest cent.
b What is the present value today of your future earnings if you decide to attend law school, assuming a discount rate of percent?
Round to the nearest cent.
c If you pay your law school tuition at the beginning of each year, what is the present value of your tuition, assuming a discount rate of percent?
Round to the nearest cent.
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