You give up a full-time salary of $45,000 a year to go to school for 2 years. the total cost of going to school is $30,000. if you want to be able to recover your investment in 5 years or less, what is the minimum salary you would need to earn upon earning your degree?
a.
$51,000
b.
$60,000
c.
$69,000
d.
$75,000

Option c., $69,000

Step-by-step explanation:

Full time salary amount for 2 years = $45,000 × 2

                                                          = $90,000

Total cost of going to school = $30,000

If i want to recover the investment in 5 years or less then minimum salary i will need

=

=  

= 45,000 + 24,000

= $69,000

Therefore, Option C will be the answer.

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step-by-step explanation: