Question: Jameson is a 3 2 - year - old father of three who thought he had finally found a career. While working as an assistant
Jameson is a yearold father of three who thought he had finally found a career. While working as an assistant manager at a local shoe store, a customer, Vijay, befriended Jameson and invited him to join his financial services firm. Excited by the new opportunity, Jameson studied, took the required exams, and became a certified financial advisor. With all the connections he had established over the years at the shoe store, Jameson started to build up a clientele. Then the credit markets froze, and his client base dried up; nobody wanted to move their assets during the down market. Luckily, Jameson had kept his position as assistant manager and now takes home $ per month, but even with that, his family of five still needs an additional $ each month to make ends meet. With bleak economic forecasts continuing through the next year and perhaps even longer, he is wondering if he should stay the course with Vijay or go back to school for a Masters of Social Work MSW something he has always wanted. Over the next year, Jameson assesses only a chance that he will average $month as a financial advisor. His net, however, would only be $month as there is a $month charge for Vijay's services. He assesses a chance of averaging $month and a chance of bringing in no revenue, all the while paying Vijay for services. Jameson expects the second year to be better, with a chance of averaging $month a chance of $month and a chance of $month Finally, Jameson expects dividends in the third year with a chance of averaging $month a chance of $month and chance of $month Vijay has indicated no change in fees for the first years. An MSW takes years to complete as a fulltime student and would necessitate his taking out a student loan for $ Upon graduation in years, Jamison is nearly assured of a position with a chance of earning $ annually, chance of earning $ annually, or chance of earning $ annually. He figures his monthly loan payment would be $ and he would pay in federal and state taxes.
help me draw the decision tree of that
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