# A Masters of Accountancy degree at Mid-State University would cost $10,000 for an additional fifth year of

## Question:

1. Determine the net present value of cash flows from an undergraduate degree. Use the present value tables provided in this chapter.

2. Determine the net present value of cash flows from a Masters of Accountancy degree, assuming no salary is earned during the graduate year of schooling.

3. What is the net advantage or disadvantage of pursuing a graduate degree under these assumptions?

Net Present Value

What is NPV? The net present value is an important tool for capital budgeting decision to assess that an investment in a project is worthwhile or not? The net present value of a project is calculated before taking up the investment decision at...

Fantastic news! We've Found the answer you've been seeking!

## Step by Step Answer:

**Related Book For**