Question

Brenda has an associate’s degree earning the median salary. She wants to quit working and go to college to get just a basic bachelor’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

Answer 1

Answer:7500

Explanation:

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.

Answer 2

a). 6 Years

Explanation:

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:

`8 * 4 hours= 32` $ per day

`40*22 = 704` $ per month

`880* 12 = 8448` $ 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.

`(8448*30)/(100) = 2534.4` $ to pay 15000 each year

`2534.4*6=  15206.4`

So take about 6 years recover her investment and earning money