Please fill out the bottom chart.

1. Using the format of the slide below, create a table that lists your estimates of the costs of each of the four (or more) years at - University. Include what salary you are giving up if you worked full-time. (If you are working part-time, estimate how much more you could have been making full-time.) 2. Using the Occupational Outlook Handbook @ bls.gov, choose the occupation that you would like to follow in your career after college. Find out the starting salary & insert it in the year after your graduation. Find a related occupation that only requires a high school degree. Take the differences in salary. 3. Make an assumption about how the difference in salary will change over your 40-year working career. Find the PV of each year of college costs, & each year of salary difference using a discount rate of 5%. 4. Determine whether, in a financial sense, paying the costs of college was worth it. A Multiple Year Example @ 10% Year Cost Benefit PV Cost @10% PV Benefit @10% 100 100.00 100 90.91 100 82.64 100 75.13 100 68.30 100 62.09 100 56.45 100 51.32 100 46.65 100 42.41 100 38.5 100 35.05 416.99 332.52 Please fill out table below and compare to example table above D 1 year cost doctor feguard pv cost @ 5% pv benefit @ 5% 2 $15,000.00 12,000 3 IN $15,000.00 12,000 $15,000.00 12,000 A $15,000.00 12,000 100,000 100,000 100,000 10 00 100,000 Co Co 10 100,000 11 10 100,000 12 11 100,000 13 12 100,000 14 700,000 48,000