Present discounted value of working

Assignment Help Business Management
Reference no: EM131434069

1. From the College Scorecard, average costs of attending UCR is $13,144. Average salary for UCR attendees is $48,700.

Average salary of someone who does not attend college is roughly $33,800 ($651/week from slides x 52 weeks). Suppose everyone retires at age 65, everyone leaves high school at age 18, and college lasts 4 years.

a. What is the present discounted value of working immediately instead of going to college if the interest rate is 0.05 (r=1/(1.05))? What is the present discounted value of going to UCR? Financially speaking, is going to UCR a good deal (assuming you would be continuously working and no wage growth)? Hint: 1+r+r2+...+r46=(1-r47)/(1-r). 1+r+r2+r3=(1-r4)/(1-r). r4+r5+...+r46=(r4-r47)/(1-r).

Reference no: EM131434069

Questions Cloud

Compute the level of wage inequality for town : Compute the level of wage inequality for the town using the 90th / 10th percentile ratio and the 90th / 50th and 50th /10th ratios. (Yes, this is as easy as it looks).
Write an essay that analyzes kayleigh hughes : Write an essay that analyzes Kayleigh Hughes is able to convince readers that bulimia was much more influential on Amy Winehouse's sad and premature death.
Identify empirical referents of the concept : Select a nursing concept (be sure to use a nursing theory) and then provide a response to each one of the steps included in a concept analysis regarding your selected concept. This information does not have to be comprehensive but provides a foun..
Marginal rate of return for each year of schooling : Derive the marginal rate of return for each year of schooling. How many years of schooling will Mike attend if his discount rate is 4 percent? What if his discount rate is 12 percent?
Present discounted value of working : What is the present discounted value of working immediately instead of going to college if the interest rate is 0.05 (r=1/(1.05))? What is the present discounted value of going to UCR?
What types of messaging have you used : What types of messaging have you used that are related to "finding" and "obtaining" employment? Some examples may include: job application cover letters, thank you notes, job-acceptance letters, recommendation requests, and others.
Summarize all of the research studies used as evidence : To begin, work through the reference list that was created in the "Section B: Problem Description" assignment in Topic 2. Appraise each resource using the "Rapid Critical Appraisal Checklists," available in the textbook appendix. The specific check..
Geographic trends impact healthcare : How do population trends, demographic trends, psychographic trends, and geographic trends impact healthcare?
Unemployment rate and natural rate of unemployment : Question 1: What is the difference(s), if any, between the unemployment rate and the natural rate of unemployment? Discuss.

Reviews

Write a Review

Business Management Questions & Answers

  Plan a financial strategy to get rid of the war

Imagine a situation where poland is invading with Sybria and there is a war between these two countries and they need two different philosphies to end all the war. Plan a financial strategy to get rid of the war. Please put different points through..

  Regard to giving and receiving gifts

Discuss your opinion of where a manager should draw the line with regard to giving and receiving gifts. How much do you believe is too much?

  Type of hydrocarbons

1. Point out how and what type of hydrocarbons may be formed in nature without necessarily being influenced by anthropogenic activities.

  Relatively unimportant role in the budgeting process

"Accounting plays a relatively unimportant role in the budgeting process." Do you agree? What responsibilities does management have in budgeting? Explain.

  Discuss key quality concepts of the company

In a 2 page essay document the following items: Provide a background of the selected company (manufacturing pharmaceutical) Based on the topics discussed in the course, identify and discuss key quality concepts of the company.

  Opportunity to implement the concept into an organization

Discuss at least 2-3 organizations who have attempted to implement the concept into their organization. Who was successful? Who failed? If your team had the opportunity to implement the concept into an organization, how would you go about it? What..

  Determining the types of communication

Research define, and describe communication styles, the types of communication, and why communication is important to an organization. The requirements below must be met for your paper to be accepted and graded:

  Content from recent articles about electronic commerce

Research and apply the content from recent articles about Electronic Commerce. You must cite at least 3-5 sources. Write a minimum of 2 to 3 pages for the body of the research paper (using APA writing style format) discussing your viewpoint on..

  Stereotypical beliefs in order

When did you first learn how you were different from other people in any way? When did this difference specifically become a racial consciousness? When and where did you learn the characteristics that were applied to different racial groups, inclu..

  Human resource management program

Using the organization where you work, one where you have worked, or one in which you are very familiar, identify a Human Resource Management program, policy, procedure, or initiative that you believe needs to be changed.

  Demand curve and relationship to price

Write a research paper that explains the following theories: Demand Curve and relationship to price. Supply Curve and relationship to price.

  High-level planning during project initiation

Your CEO has asked you to do some high-level planning during your project initiation. What are some of the things that the project manager should provide to support this request? Do you consider this a wise request considering you are just initiat..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd