Business, 27.02.2020 05:26 Student2499

If Jane attends graduate school, it will take her two years, during which time she will earn no income. She will pay a total of $100,000 for tuition, $20,000 for room and board, and $2,000 for books. If she spends the two years working rather than attending college, she will pay a total of $18,000 for room and board, pay no intuition, and buy no books. Based on this information, Jane's economic cost of attending graduate school would be $175,000 if, over the two years, she could earn a total of .a. $53,000 instead of attending graduate school.
b. $55,000 instead of attending graduate school.
c. $71,000 instead of attending graduate school.
d. $73,000 instead of attending graduate school.

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