Brenda has an associate’s degree earning the median salary. She wants to quit working and go to college to get just a basic bach
elor’s degree. If she completes her degree in 2 years and it costs $15,000, how long will it take her to recover her investment assuming that she earns the median salary? a. almost 6 years
b. almost 7 years
c. almost 8 years
d. almost 9 years
can you show the math i got seven but it said it was wrong
if you divide 15000 and 2 you get 7500.and if you get 7500 you have to multiply to check if its correct so 7500 times 2 equals 15000. So the answer is 7500.
Well here I have to make a timeline details, in fact, today the average hourly hour of work is $ 10 depending on the state the average oscillates in this value
So:
$ per day
$ per month
$ per year
However the half is about bills, food, transporter and fixed costs, so, annually she can spend about the 30% of his salary to paid.
$ to pay 15000 each year
So take about 6 years recover her investment and earning money