financial. However, to make an informed decision you would like to know the financial implications of the two alternatives. Let's assume that your alternatives are as follows: per year. Moreover, you expect your salary to grow by 8 percent per year until you retire 38 years later. as a lawyer. (Hint: assume that you are paid at the end of each year so that your first salary payment if you decide to go to law school occurs 4 years from now.) 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 9 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 9 percent? (Round to the nearest cent.)