Question: Please help with the following Present Discount Value Analysis Problem: At age 30, Joan is considering quitting herjob and going to graduate school. Her MPP

Please help with the following Present Discount Value Analysis Problem:

At age 30, Joan is considering quitting herjob and going to graduate school. Her MPP degree requires two years full-time, and the total cost is $50,000 per year. Now Joan earns $50,000 per year. The degree would raise her annual income to $80,000 per year. She plans to retire at age 60. Suppose that the interest rate is constant and is equal to 5%. What is Joan's total cost of getting a degree? What is her total benefit of doing so? Should she earn her MPP? Would the answer change if the interest rate was 0%? 10%

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