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?

It will take 2.5 years for James to recover his investment.

Given:

From the above problem, we get these information

- James' current salary is $42000/year

- His college's tuition fee is $ 28000/year

- It takes 2 years to complete his degree

- Salary after finish degree is $ 56000

Question:

How many years will it take James to recover his investment?

James' investment would be his college's tuition fee for 2 years and the salary that he should get while away from work for 2 years.

Those statement can be write down:

investment = 2 years tuition + 2 years salary

so the total investment is $ 140000

After finished study, James salary would be $56000/year, so the investment will recover in

hence, the investment will recover in 2.5 years.

Investment for college link

Comparing investment recover time link

Keywords: investment, college investment, recover investment, salary, tuition fee

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