1. Is it profitable to study at UConn for the average student? The average annual cost of attending UConn is $15,747 and earnings after graduating are on average $ 58,400 (assume the same annual earnings for every year). Average earnings of high school graduates in CT is $35,356 per year. Assume students graduate from college after four years and they work 43 years in total. Assume there is no unemployment and no part-time employment. a. Calculate profits assuming an annual interest rate of 2% (10 p) b. Calculate profits assuming an annual interest rate of 10%. (5 p) C. Now imagine you know that you will stop working after you have kids, and you will probably not find a job after so many years outside the labor market. Assume you finish high school at age 18. At what minimum age should you have kids so that studying in UConn is profitable? Assume interest rate is 0. (Use decimals in your answer). (10 p) d. Now imagine employers knows that the average women will stop working after having kids and therefore they pay them 0.8 of men's wage ($46,720). Having children after age 40 is very hard and the average woman wants to have kids, is it profitable for women to study at UConn or should they just look for a job after graduating from high school? (10 1. Is it profitable to study at UConn for the average student? The average annual cost of attending UConn is $15,747 and earnings after graduating are on average $ 58,400 (assume the same annual earnings for every year). Average earnings of high school graduates in CT is $35,356 per year. Assume students graduate from college after four years and they work 43 years in total. Assume there is no unemployment and no part-time employment. a. Calculate profits assuming an annual interest rate of 2% (10 p) b. Calculate profits assuming an annual interest rate of 10%. (5 p) C. Now imagine you know that you will stop working after you have kids, and you will probably not find a job after so many years outside the labor market. Assume you finish high school at age 18. At what minimum age should you have kids so that studying in UConn is profitable? Assume interest rate is 0. (Use decimals in your answer). (10 p) d. Now imagine employers knows that the average women will stop working after having kids and therefore they pay them 0.8 of men's wage ($46,720). Having children after age 40 is very hard and the average woman wants to have kids, is it profitable for women to study at UConn or should they just look for a job after graduating from high school? (10