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can anyone please show me how to get the formulas for each of the columns? Has to be a in a excel formula!!! thanks! You
can anyone please show me how to get the formulas for each of the columns? Has to be a in a excel formula!!! thanks!
You are 30 years old today and are considering studying for an MBA. You have just received your annual salary of $50,000 and expect it to grow by 3% per year (without earning an MBA). MBAs typically earn $80,000 per year upon graduation, with salaries growing by 4% per year. The MBA program you're considering is a full-time, 2-year program that costs $30,000 per year, payable at the end of each study year. You want to retire on your 65th birthday, 35 years from today The relevant discount rate is 8%. Is it worthwhile for you to quit your job for two years in order to pursue an MBA? 11 12 13 Current salary MBA Starting Salary MBA Tuition 50,000 Growth Rate: 80,000 Growth Rate: 30,000 Discount rate: 3.00% 4.00% 8.00% PV of normal salary PV of MBA tuition and salary Age (at birthday) Normal Salary MBA Tuition MBA salaryStep by Step Solution
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