A prospective MBA student earns $45,000 per year in her current job and expects that amount to increase by 12% per year. She is considering leaving her job to attend business school for two years at a cost of $35,000 per year. She has been told that her starting salary after business school is likely to be $115,000 and that amount will increase by 11% per year. Consider a time horizon of 10 years, use a discount rate of 12%, and ignore all considerations not explicitly mentioned here.
The post A prospective MBA student earns $45,000 per year in her current job and expects that amount to increase by 12% per year. appeared first on Lion Essays.
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