2. Upon graduating from college this year, you expect to earm $25,000 per year. If you get your BBA, in one year you can expect to start at $35,000 per year. Over the year, inflation is expected to be 5 percent. In today's dollars, how much additional (less) money will you make from getting your BBA (to the nearest dollar) in your first year? -S2,462 $8,333 C $8,750 C $9,524 Extra credit: What if the salaries were 25,000 and 35000 for 20 years except that they grow with inflation? How would you decide on the extra year in school?

2. Upon graduating from college this year, you expect to earm $25,000 per year. If you get your BBA, in one year you can expect to start at $35,000 per year. Over the year, inflation is expected to be 5 percent. In today's dollars, how much additional (less) money will you make from getting your BBA (to the nearest dollar) in your first year? -S2,462 $8,333 C $8,750 C $9,524 Extra credit: What if the salaries were 25,000 and 35000 for 20 years except that they grow with inflation? How would you decide on the extra year in school?

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter11: Capital Budgeting Decisions

Section: Chapter Questions

Problem 8EB: You put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how...

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