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Y6 a person is deciding whether to get a degree. the degree will cost $10,000. after getting degree the person will earn $2000 more for

Y6

a person is deciding whether to get a degree. the degree will cost $10,000. after getting degree the person will earn $2000 more for the rest of their lives. the person thinks they will work for 25 years. if the interest rate of this person is 10% what is the net present value of getting a degree? will this person get a degree and at what interest rate would this person be indifferent to getting a degree.

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