Question: You have just entered a two - year part - time Executive MBA. The tuition fee is $ 1 5 , 0 0 0 per

You have just entered a two-year part-time Executive MBA. The tuition fee is $15,000 per year
payable at the beginning of each year. Before the program you earned $40,000 per year. Your
expected salary after graduation is $55,000 per year. You can invest your money at 8%.
Assume that you will work for 30 years after graduation. The salary differential of $15,000
will continue through this period. How much is your EMBA worth?

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