Joe will be changing jobs when he achieves his MBA and will make $10,000 more annually as

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Joe will be changing jobs when he achieves his MBA and will make $10,000 more annually as a result, this is equivalent to a 10% increase of his current salary. Joe plans to work for 24 more years. His MBA cost is $32,760.

a. Determine the net present value (NPV) of the $32,760 investment using excel sheet

b. Calculate the PV of the "annuity" that is Joe's expected salary increase using equation below

After all calculations, do you forecast that pursuing an MBA is worth the financial investment?

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Entrepreneurship

ISBN: 9781119563099

5th Edition

Authors: Andrew Zacharakis, William D Bygrave

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Posted Date: Apr 23, 2024 09:06 AM

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Joe will be changing jobs when he achieves his MBA and will make $10,000 more annually as

Question:

PV=AX 1 (1+i)" PV=AX 1 (1+i)"

Expert Answer:

Okay lets solve this stepbystep a Calculating the Net Present Value NPV of the 32760 MBA investment ... View the full answer

Entrepreneurship

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