William is a 45 year-old civil engineer with a good work-life balance, but he is considering pursuing his MBA. It would take him three years of night courses to graduate, and he estimates that tuition would cost about $25,000 a year. After he receives his MBA, he would apply be a team leader, but William does not have any further desire to advance into management. The difference in salary between civil engineer and team lead is $8,000 annually. To pay for the MBA, William is going to borrow money from his 401k. William has been getting an average return of 8% in his 401k. William wants to retire at age 65.

Should William pursue his MBA? Which dacisies role makes the most sense to use here and why?

would your answe change if william is 29 years old ? explane ypur answer.?

would your answer change if 45-year-old William 401k was only growing at a 4% rate of return? Explain your answer