Homework Help: Eco

Posted by chloe on Friday, October 5, 2007 at 10:55pm.

jasmine works in sales but is considering quitting work for 2 years to earn an MBA. Her currrent job pays $40,000 peryear (after tax),but she could earn $55000 per year if she had her master of business admin. Tuition fees is $10000 per year. Jasmine's discount rate is 6% per year. she just turned 48 and plans to retires when she turn 60. whether or not she gets her MBA??should she go to school to earn her MBA?

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