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Data Case: Assume today is February 28, 2018. Natasha Kingery is 30 years old and has a bachelor of science degree in computer science. She

Data Case: Assume today is February 28, 2018. Natasha Kingery is 30 years old and has a bachelor of science degree in computer science. She is currently employed at Open Text Corporation in Ottawa and earns $38,000 a year. She has investigated an option and is asking for your help as a financial planning intern to determine the financial consequences associated with this option. Natasha has already been accepted to this program and could start soon. The option is going back to school for an MBA degree. With an MBA degree, Natasha expects to be promoted to a managerial position at Open Text. The managerial position pays $20,000 a year more than her current position. The evening program, which will take three years to complete, costs $25,000 per year, due at the beginning of each of her three years in school. Because she will attend classes in the evening, Natasha doesn't expect to lose any income while she is earning her MBA if she chooses to undertake the MBA. Calculate the present value of the cost of the MBA program. Assume rate of inflation to be 8% p.a.
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Assume today is February 28, 2018. Natasha Kingery is 30 years old and has a bachelor of science degree in computer science. She is currently employed at Open Text Corporation in Ottawa and earns $38,000 a year. She has investigated an option and is asking for your help as a financial planning intern to determine the financial consequences associated with this option. Natasha has already been accepted to this program and could start soon. The option is going back to school for an MBA degree. With an MBA degree, Natasha expects to be promoted to a managerial position at Open Text. The managerial position pays $20.000 a year more than her current position. The evening program, which will take three years to complete, costs $25,000 per year, due at the beginning of each of her three years in school. Because she will attend classes in the evening, Natasha doesn't expect to lose any income while she is earning her MBA if she chooses to undertake the MBA. Calculate the present value of the cost of the MBA program. Assume rate of inflation to be 8% p.a

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