Calculate the net present value of the average salary

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Calculate the net present value of the difference between the average salary of a high school graduate and the average salary of a collge graduate between 22 and 65 years old. How does this compare to the tuition cost over four years? Make sure to discount salaries before taking a sum. A proper solution should have clear assumptions and do proper discounting of the salary over time.

Reference no: EM13986266

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