Question: Please answer the extra credit 2. Upon graduating from college this year, you expect to earn $25,000 per year. If you get your BBA, in

Please answer the extra credit
2. Upon graduating from college this year, you expect to earn $25,000 per year. If you get your BBA, in one year you can expect to start at $35,000 per year. Over the year, inflation is expected to be 5 percent. In today's dollars, how much additional (less) money will you make from getting your BBA (to the nearest dollar) in your first year? C-$2,462 $8,333 $8,750 $9,524 Extra credit: What if the salaries were 25,000 and 35000 for 20 years except that they grow with inflation? How would you decide on the extra year in school
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
