Question: What is the Net Present Value (NPV) and internal rate of return (IRR) of spending $300,000 today on medical school when you earn $85,000/year now

What is the Net Present Value (NPV) and internal rate of return (IRR) of spending $300,000 today on medical school when you earn $85,000/year now and will earn $100,000/year for the next 35 years after med school. Assume you could invest this money elsewhere and earn 5%?

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