We graduate high school 1/1/2020.

At that time we have $200,000 in the bank whose ending balance each year will earn 3% compounded annually

each year we spend 20,000 + any tuition

We can take a job with a starting salary 20.000

or we can go to college for 4 years and not work. We will then having a starting salary of 25000. The tuition is 10,000/year

or we can go to a 7 year combined ba/doctoral program whose cost is 20,000 year. We will graduate and then start working with a salary of $40,000

if the economy is bad, we will get 2% increases each year

if the economy is fair we expect 5% increase each year

if the economy is good 10% each year

if the economy is great 20% each year

the odds bad/fair/good/great economy is 20%, 30%, 40%, 50% respectively

We will make our decision based on our net bank account 20 years after graduating high school

get the emv of each choice

the value with perfect information

the value of perfect information

you must to this on excel!

we will go over this problem before i activate a test on blackboard - We graduate high school 1/1/2020. At that time we have $200,000 in the bank whose ending balance each year will earn 3% compounded annually each year we spend 20,000 + any tuition We can take a job with a starting salary 20.000 or we can go to college for 4 years and not work. We will then having a starting salary of 25000. The tuition is 10,000/year or we can go to a 7 year combined ba/doctoral program whose cost is 20,000 year. We will graduate and then start working with a salary of $40,000 if the economy is bad, we will get 2% increases each year if the economy is fair we expect 5% increase each year if the economy is good 10% each year if the economy is great 20% each year the odds bad/fair/good/great economy is 20%, 30%, 40%, 50% respectively We will make our decision based on our net bank account 20 years after graduating high school get the emv of each choice the value with perfect information the value of perfect information you must to this on excel! we will go over this problem before i activate a test on blackboard - We graduate high school 1/1/2020. At that time we have $200,000 in the bank whose ending balance each year will earn 3% compounded annually each year we spend 20,000 + any tuition We can take a job with a starting salary 20.000 or we can go to college for 4 years and not work. We will then having a starting salary of 25000. The tuition is 10,000/year or we can go to a 7 year combined ba/doctoral program whose cost is 20,000 year. We will graduate and then start working with a salary of $40,000 if the economy is bad, we will get 2% increases each year if the economy is fair we expect 5% increase each year if the economy is good 10% each year if the economy is great 20% each year the odds bad/fair/good/great economy is 20%, 30%, 40%, 50% respectively We will make our decision based on our net bank account 20 years after graduating high school get the emv of each choice the value with perfect information the value of perfect information you must to this on excel