Question

A person finds out that with a bachelor's degree he can expect to earn $55,000 a year as a financial researcher. If he spends 2 years (full-time) getting an MBA, it will cost him $25,000 a year for his education; however, he can then expect to earn a minimum of $90,000 a year as a financial analyst. If he decides to take the additional education route, to make up for the financial cost of postponing his career it will take him

Answer 1

Answer:

It would take him $50,000 and also two years of studying.

Explanation:

Since a year of MBA is $25,000 , then he goes for two years making it $50,000. Then if he keeps working alongside studying, he would only have $5,000 to him self for the first year.