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Business, 30.01.2021 17:20 anannanekejdjd
Sally has a decision to make about what she will do in the next 2 years. She can go to school or go straight into the work force. If Sally immediately starts working she will eam 20,000 both years and 2. If she goes to school in year 1 she must pay \$5,000, , but she would eam in year 2. If the interest rate is 5%, calculate the present value for Sally if she goes to school and if she does not. Does the investment in school make sense? Does it make sense if the interest rate is 6% or 4%?
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Sally has a decision to make about what she will do in the next 2 years. She can go to school or go...
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