Determine how much compensation (return) you expect to earn
Question # 00537445
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Updated on: 05/31/2017 02:35 AM Due on: 05/31/2017
Determine how much compensation (return) you expect to earn as a Project Manager (my desired occupation) and how long will it take to pay back the return on this investment (of getting the MBA). Use the financial formulas, Net Present Value (NPV), Internal Rate of Return (IRR), and Payback. My MBA total cost is $60,000 so for 2 years would be $120,000 so the chart should show long it will take me to pay it back using a median salary.
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Solution: Determine how much compensation (return) you expect to earn