49.1k views
4 votes
Mark currently works part-time with a salary of $8,000 per year. Mark plans to quit working and attend college for 4 years. If his college costs will total $64,000, how long will it take Mark to recover his investment assuming he has a salary of $32,000 upon graduating?

a.
2 years
b.
3 years
c.
4 years
d.
5 years

2 Answers

3 votes

Answer:

its C "4 years"

Explanation:

i took the test 2023

User XikiryoX
by
7.7k points
3 votes
The correct answer for this question is: If his college costs will total $64,000, it take Mark to recover his investment assuming he has a salary of $32,000 upon graduating for "2 years."

= 64,000 / 32, 000
= 2 years

Assuming that there'll be no additional costs in the middle of his college.


User SpokaneDude
by
8.0k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories