(Answered) Jill is considering getting a masters degree in dance if

Management Studies

Jill is considering getting a masters degree in dance. If she does, she will spend $40,000 on tuition and books to get a college education (during the first time period), she will spend $130,000 on tuition and books to get a master's degree (during the second time period), and her degree will earn her $900,000 during the remainder of her work-life (during the third time period). If she does not go to school, she will earn $70,000 a year for the first two periods and $500,000 for the third period. Jill's discount rate is11%.

a) Approximately what is Jill's present value of obtaining a master's degree?

b) What is Jill's present value of not obtaining the masters degree?

c) Will she choose to go to school? Why?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92836316
Price:- $15

Verified Expert

Priced at $30 Now at $15, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Analyze the time complexity of the following ternary search

Analyze the time complexity of the following ternary search algorithm: identify two points that subdivide a sorted array into three parts. If the given number is equal to one of these two points, we are done. Otherwise, ...

List three potential issues of using social media for

List three potential issues of using social media for recruiting job candidates.

The contracts manager at a company needs to make a large

The contracts manager at a company needs to make a large legal document available to an overseas customer. However, she has some challenges: The document contains sensitive information; it is too large to send via e-mail ...

How does the potential barriers to effective strategic

How does the potential barriers to effective strategic planning in the health care environment differ from barriers encountered in the general business world?

The term refers to employees working with data and

The term refers to employees working with data and generating information, rather than creating a product or other tangible output.

Define the two concepts moral hazard and adverse selection

Define the two concepts "moral hazard" and "adverse selection." Describe separately how the existence of each affects the market for health insurance and medical care. What are some of the ways that insurance companies t ...

Dinesh manages a division of a sporting goods manufacturer

Dinesh manages a division of a sporting goods manufacturer. He attends a conference and receives advice from four experienced managers. Based on what you have read, which of the following pieces of advice should Dinesh t ...

Prepare a minimum of eight pages ms word document using apa

Prepare a minimum of eight pages, MS Word document using APA 6th Edition guidelines. Again, the paper must include a title page, an introduction, the body, summary and conclusion paragraph(s), and a reference page that p ...

Benefits of abating emission mb500-20acost of abating

Benefits of abating emission: MB=500-20A Cost of abating emission: MC=200+5A What are the marginal benefit and marginal cost of abatement at socially efficient level of abatement? What is the net social benefit at the ef ...

What is macys current psychographics and

What is Macy's current psychographics and demographics?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert