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13 March, 12:23

Assuming the discount rate is 10% and that all wages are paid at the end of the year, what is the difference in present value between your wages going to school and not going to school? if all you care about are these wages should you go to school? what is the most you would be willing to pay for school under the wage assumptions in the problem?

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  1. 13 March, 12:38
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    I will pay my 10% for the school
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