Four-year university degree

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Assume that you are deciding whether to acquire a four-year university degree. Your only consideration at this moment is the degree as an investment for yourself. Costs per year are tuition fees of $600 and books at $100. The government also pays to the university an equivalent amount to your tuition fees to cover the real cost. If you don't go to university, you could earn $6000 per year an acrobat. because of the nature of your occupation, your time horizon for an investment decision is exactly ten year period after graduation. the market interest is 5 percent. would you make an investment?

Reference no: EM131185992

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