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Assume that you are earning $100,000 per year now. You are deciding about getting into a 1-year MBA program with a tuition cost $20,000 per

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Assume that you are earning $100,000 per year now. You are deciding about getting into a 1-year MBA program with a tuition cost $20,000 per year. Assume that salaries are paid at the end of each year, and tuition must be paid at the beginning of the program. If you can invest money at 10%, what is the present value of the total costs of this MBA program? None of the others 118.18 109.09 120.00 110.91

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