2. Economics
3. 1 given 2 jobs job a which pays 10000 in...

# Question: 1 given 2 jobs job a which pays 10000 in...

###### Question details

1) Given 2 jobs: Job A which pays $10,000 in the 1st year and$57,000 in the 2nd year Job B which requires attending a seminar in the first year costing $13,000 (to be paid out of pocket) then making$88,000 in the 2nd year. If a person has a discount rate of 9% which one would he choose?

2)Given 2 jobs: Job A which pays $10,000 in the 1st year and$57,000 in the 2nd year Job B which requires attending a seminar in the first year costing $13,000 (to be paid out of pocket) then making$88,000 in the 2nd year. If a person has a discount rate of 42% which one would he choose?