James has a job with a current salary of $42,000. He wants to earn a college degree that will take him 2 years to complete and it will cost $28,000 per year. He will go to school full time and will not be able to work. Upon graduation, James' new salary will be $56,000 per year. How many years will it take James to recover his investment?

Question

James has a job with a current salary of $42,000. He wants to earn a college degree that will take him 2 years to complete and it will cost $28,000 per year.  He will go to school full time and will not be able to work.  Upon graduation, James' new salary will be $56,000 per year.  How many years will it take James to recover his investment?

tkhunny · Answer

2*28000 = ??

(56000-42000)*(What) = ??

anonymous · Answer

what

tkhunny · Answer

Answer the question marks.  They are the same.

anonymous · Answer

how many years

tkhunny · Answer

How many hears is the "What".  You must answer the question marks.

anonymous · Answer

its 56000

tkhunny · Answer

Actually, I just saw the full-time and unable to work.

Cost of college: 2*28000
Cost of not working: 2*42000
Total Cost of the adventure: 56000 + 84000 = 140000

Differential with better job?  56000 - 42000 = 14000

Looks like 10 years, no?