I WILL UPVOTE YOU!

If the price of attending Big Benefits University is $38,000 a year, including tuition, fees, books, and foregone earnings, what is the marginal cost of attending, if it takes you 5 years to graduate, and you assume a 3% annual inflation rate?

Options:

a) $174,028.97

b) $190,000

c) $44,052.41

d) $182,410.20

c) $152,962.78

Which formula would you use to solve this equation?

Options:

a) PVA

b) PV

c) PVP

d) FVP

e) No formula needed