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1. How does Bens eld affect his stopping point to get an MBA? Since Mr. Bates has 38 more working years, time is a factor for his decision to maximize retiring safely by starting his MBA as soon as he hatful. Working at Dewey and Louis solitary(prenominal) pays him $55,000/ year with 3% increases. This amount for his career by age 66 would equate to $180,411/year. If he earns his MBA he would qualify to the 4% increases in pay per year plus starting pop out at the $98,000 for losing two years. He would also be commensurate earlier for opportunities for his career. And if he starts out it would equate to $443,803/year. Completing his MBA would shrink from a important role for his life. 2. What other, perhaps nonquantifiable, factors affect Bens decision to get an MBA? Below are some of the non-quantifiable factors which whitethorn affect Bens decision to get an MBA: - If Ben works awkward on his MBA, he could get high grades and possibly a high GPA which can have better opportunities in growing and/or receiving promotions; and in the same logic, bad grades can impact future in a negative delegacy and lose possible recommendations or promotions. - As an MBA graduate, he pass on become over qualified for certain positions and if he had craved these positions, he would not be able to pursue it in the future. - With an MBA degree, graduates are usually viewed as... 3.

Assuming all salaries are salaried at the end of each year, what is the best option for Ben from a strictly financial standpoint? Current job: The aft(prenominal) valuate salary is $55,000 (1 0.26) = $40,700.00 PV = C/r-g [(1-(1+g/1+r)^t] = 40,700/ 0.065-0.03 [1 (1 + 0.03/ 1 + 0.065)^38] PV = $836,227.34 PV of current jobs salary is $836,227.34 Bradley School The after tax salary is $81,000 (1 0.29) = $ 57,510 PV= C/r-g [(1-(1+g/1+r)^t] = 57,510 / 0.065 0.035 [1 (1.035/1.065)^37] PV= $1,250,991.81 Plus $10,000 subscribe bonus = $1,184,029.87 Todays costs; Tuition = $80,000 Books = 3,500 wellness = 3,000 Total... If you want to get a full essay, order it on our website: Orderessay

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