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OTOLINIUL ital 1. As students you have all made an important capital budgeting decision by opting to pursue a college or university degree. Develop a
OTOLINIUL ital 1. As students you have all made an important capital budgeting decision by opting to pursue a college or university degree. Develop a list of the critical financial and nonfinancial factors that entered into this decision. Without actually making the calculation, indicate what information would be required to calculate the payback period and net present value of the investment you are making in your education. 2. Your wealthy uncle wishes to give you a trip to Paris when you graduate from college in three years. He estimates the trip will cost $4.000. How much must he invest now at 4% to accumulate enough for you to take this trip? (hint: use PV of 1 tables)
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