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This is an continuous from another problem, please answer the remainder of the chart Option 2: MBA (3-year evening program) Annual cost of MBA program:

This is an continuous from another problem, please answer the remainder of the chart

Option 2: MBA (3-year evening program)

Annual cost of MBA program:

$25000

Length of MBA program

3 years

Initial base pay differential:

$20000 increase

Growth rate of salary differential

3%

Discount rate:

2.27%

51

21

Tuition

Salary differential cash flow

PV of Salary differential

52

22

53

23

54

24

55

25

56

26

57

27

58

28

59

29

60

30

61

31

62

32

63

33

64

34

65

35

Problem 4

Sum of PV of Salary differential

Tuition

NPV of taking Certification Program

Problem 5: Explain your logic.

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