Economics 251H - HW 2

To become a manager, she needs to go full-time to business school. Tuition and fees are $20,000 per year and her salary as a salesperson is $18,000 per year. The salary of a manager is $42,000 per year. The annual interest rate is 10%. Salaries are paid at the beginning of the year, as is tuition and fees. ................
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