At age 40,Joe is considering quitting his job and going back for a college degree.He needs two more years full-time.Tuition is $10,000 per year.He earns $30,000 per year.A college degree would raise his annual income by $10,000 per year.He will retire at age 70.His benefit of a degree would be
A) 10,000 ×
B) 10,000 ×
C) 10,000/r.
D) 10,000 ×

Question

At age 40,Joe is considering quitting his job and going back for a college degree.He needs two more years full-time.Tuition is $10,000 per year.He earns $30,000 per year.A college degree would raise his annual income by $10,000 per year.He will retire at age 70.His benefit of a degree would be
A) 10,000 × 
B) 10,000 × 
C) 10,000/r. 
D) 10,000 ×

Quizplus · Accepted Answer

The Answer of At age 40,Joe is considering quitting his job and going back for a college degree.He needs two more years full-time.Tuition is $10,000 per year.He earns $30,000 per year.A college degree would raise his annual income by $10,000 per year.He will retire at age 70.His benefit of a degree would be
A) 10,000 × 
B) 10,000 × 
C) 10,000/r. 
D) 10,000 ×

At Age 40,Joe Is Considering Quitting His Job and Going