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

Question

Social Studies

Junior Bates

16 December, 03:56

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

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Elijah Hanna · Answer 1

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.