You are told that having a college education increases a person's earnings by 30% over their lifetime. A non-college graduate ea

Question

kati45 [8]

3 years ago

13

You are told that having a college education increases a person's earnings by 30% over their lifetime. A non-college graduate ea

rns about $30,000 per year. How much more will you earn with a college education over a 40 year career?

Mathematics

2 answers:

Leviafan [203] · Answer 1 · 2022-07-18T23:43:14+03:00

Leviafan [203]3 years ago

8 0

30,000(40)= 1200000 1200000(.3)=360000 $360000 more

aliya0001 [1] · Answer 2 · 2022-07-19T01:21:19+03:00

30,000 per year annual income by a non-college educated man or woman
30% of 30,000. is 9,000. more every year for the college educated man or woman.
If a person works 30 years at his or her career making 9,000. more annually then they will have earned 30 times 9,000. or 270,000. more than the non-educated individual.