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Can someone please help me with this question? Also can you please use the same columns that are shown in the pic and please show
Can someone please help me with this question? Also can you please use the same columns that are shown in the pic and please show the formulas used. Thank you!
A1 A B D D E F G G H J K 1 2 3 . 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. 4 . 5 6 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? 7 + B . 10 11 Current salary MBA Starting Salary MBA Tuition 12 13 50,000 Growth Rate: 80.000 Growth Rate: 30,000 Discount rate: 3.00% 4.00% 8.00% 14 15 16 PV of normal salary PV of MBA tuition and salary MBA Tuition MBA salary Age (at birthday) 30 Normal Salary 50,000 17 18 31 Year 0 1 2 3 32 19 20 21 33 34 4 22 5 35 36 23 6 > + E Overview - Q1 - Q2 Q3 Q4 - Q5 - Q6 - Q7
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