Linda is considering studying towards a Bachelor of Agribusiness degree, which takes three years to complete. The degree would cost her $9,500 per year in fees, payable at the beginning of each year. Instead of studying towards the BAgB degree, Linda could get a job immediately, earning $35,000 per year (assume this amount is paid at the end of each year). She estimates that he would receive an additional $20,000 per year (i.e. $55,000 per year) in income for 40 years after graduation, if she completes the BAgB degree. At a discount rate of 10%, this additional income has a present value equal to 7.347 times the annual amount. Considering only the private costs and benefits of this decision, and assuming a discount rate of 10%, should Linda study towards a BAgB degree? Show all your workings.