200k views
0 votes
James has a job with a current salary of $42,000. He wants to earn a college degree that will take him 2 years to complete and it will cost $28,000 per year. He will go to school full time and will not be able to work. Upon graduation, James' new salary will be $56,000 per year. How many years will it take James to recover his investment?

User Lovely
by
7.0k points

2 Answers

0 votes
28,000x2=$56,000
56,000/56,000=1
The answer is 1 year.
User Bob Marti
by
6.9k points
4 votes

Answer:

10 years

Explanation:

User Choover
by
8.4k points