We have Decision to make Today that will Affect us for at Least the next 20 Years. We will Use 20 Years for this Decision.

The Choice is to take a Retail Job Now or Go to College and Get a College Degree Job Later.

The Costs and Benefits for the Retail Job are as Follows ;

1. The Retail Job will pay You an Average Salary of $70,000 per Year for the Next 20 Years.
2. The Retail Job requires Work Clothes that will Cost you an Average of $1,500 per Year for the Next 20 Years.
3. The Retail Job requires you to Buy a Car for $15,000 to get back and Forth to Work.

The Costs and Benefits for the College Job are as Follows ;

1. The College Tuition at the Local Community College is $1,000 per Year for 3 Years.
2. The College Tuition at the University is $10,000 per Year for 2 Years.
3. The College Books and Materials Cost is $2,000 per Year for the First 5 Years.
4. The College Job requires Work Clothes that will Cost you an Average of $1,500 per Year for the Last 15 Years. College Clothes are Casual for the First 5 Years, No Cost.
5. The College Job will pay You an Average Salary of $110,000 per Year for the Last 15 Years.
6. Going to College and The College Degree Job Requires you to Buy a Car for $15,000 to get back and Forth to College and Work.

   QUESTIONS

   Show your Answers as a Number Only Rounded to the Nearest Dollar unless otherwise NOTED. NO Symbols such as Dollar Signs, Commas or Percents. Show Any Negative Number in Parens as Follows = (100)

   1. Compute the Total NET Relevant (Cost) or Benefit to Take the Retail JOB = = Show your Answer as a Number Rounded to the Nearest Dollar. No Dollar Signs, commas, or decimals.
   2. Compute the Total NET Relevant (Cost) or Benefit to Go to College and Get a College Degree JOB = = Show your Answer as a Number Rounded to the Nearest Dollar. No Dollar Signs, commas or decimals.
   3. Which is the Best Decision Based on the Quantitative Information ?= = Show your answer in all CAPS and use one of the Following = RETAIL, or COLLEGE or SAME.
   4. Compute the Dollar Benefit to your Decision in this Question Above = = Show your Answer as a Number Rounded to the Nearest Dollar. No Dollar Signs, commas or decimals.
   5. List 1 Qualitative Benefit in your Decision to Go to College ?= = Show your answer in all CAPS and use one of the Following = MORE-KNOWLEDGE or MORE-MONEY or NEW-CAR.
   6. List 1 Qualitative Cost in your Decision to Go to College ?= = Show your answer in all CAPS and use one of the Following = NO-CLOTHES-COST or 5-YEARS-NO-INCOME or STUDY-STRUGGLES