Business, 01.12.2021 07:40 SoWhat2237

The assignment: Find out the answer to the question "Does college pay off?" You will need to do some Internet research for this one and to cite the URLs from which you got the information. Choose to research three jobs: (1) an entry-level job that requires no college or job experience; (2) a job that requires a bachelor's degree; and (3) your dream job. You will need to find out how much income taxes and Social Security would be taken out of each paycheck. Then you will need to research annual living expenses, or the amount of money you need simply to live in a year. For this, you will need to look at apartment listings or houses for sale to find out how much they cost to rent or buy; how much cable TV costs a year, and how much a cell phone would cost for a year. Using all this information, click here and fill in this chart, being sure to cite the URLs you used. When you have completed the form, save it to your desktop so you can upload and submit it to your instructor, using the upload box below. (Please be sure that you are saving this file as a .doc or .docx so that it can be uploaded successfully.)

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Business, 22.06.2019 12:30

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Business, 22.06.2019 12:30

Suppose you win a small lottery and have the choice of two ways to be paid: you can accept the money in a lump sum or in a series of payments over time. if you pick the lump sum, you get $2,950 today. if you pick payments over time, you get three payments: $1,000 today, $1,000 1 year from today, and $1,000 2 years from today. 1) at an interest rate of 6% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 2) at an interest rate of 9% per year, the winner would be better off accepting the (lump sum / payments over time), since it has the greater present value. 3) years after you win the lottery, a friend in another country calls to ask your advice. by wild coincidence, she has just won another lottery with the same payout schemes. she must make a quick decision about whether to collect her money under the lump sum or the payments over time. what is the best advice to give your friend? a) the lump sum is always better. b) the payments over time are always better. c) it will depend on the interest rate; advise her to get a calculator. d) none of these answers is good advice.

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The assignment: Find out the answer to the question "Does college pay off?" You will need to do some...

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