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A study by the New York Federal Reserve Bank concludes that an engineering bachelor's degree generales approximately an 18% olurn on investment over the course of a decade Suppose the typical engineer

A study by the New York Federal Reserve Bank concludes that an engineering bachelor's degree generales approximately an 18% olurn on investment over the course of a decade Suppose the typical engineering student spends $14,000 per year for four years on hisher education Assuran 18 increase in the student debe during the period of time while the student is in college. What extra annual retum in dollars) does the typical student realize during the 10 years following aduation? Click the icon to view the Interest and annuity table for discrete compounding when / 18% per your The extra annual return that the typical student realizes during the 10 years following graduation is $(Round to the nearest dollar) Co ample ample oblem oblem oblem

Apr 12 2021 View more View Less

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