John is a talented artist who received an offer to go pro gymnast. He graduated fr the business school of Talent University with a 4.0 GPA and scored 826 on his MCA Having all the needed skills, John is considering a career in any of the following trac John collected information related to potential income and cost for his options. Sine he is considering average income, John divided his professional career into 5 period of earning Period 0 Occupation Period 4 Period 1 Period 2 Period 3 Neurosurgeon -20 15 20 30 Accountant 10 12 14 Artist 3 3. 3. 3. 3. Gymnast 25 10 Assume that John's discount factor d%3D0.85. Find net present value of each career what is the NPV of the most lucrative option.

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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John is a talented artist who received an offer to go pro gymnast. He graduated fr V
the business school of Talent University with a 4.0 GPA and scored 826 on his MCAT.
Having all the needed skills, John is considering a career in any of the following tracks.
John collected information related to potential income and cost for his options. Since
he is considering average income, John divided his professional career into 5 periods
of earning
Period 0
Occupation
Period 4
Period 1
Period 2
Period 3
Neurosurgeon
-20
15
30
Accountant
4
6.
10
12
14
Artist
3.
3.
3.
Gymnast
25
10
Assume that John's discount factor d30.85. Find net present value of each career what
is the NPV of the most lucrative option.
12:21 AM
tScn
Home
F8
End
PgUp
F11
F9
F10
Pg Dn
F12
Ins
20
Transcribed Image Text:John is a talented artist who received an offer to go pro gymnast. He graduated fr V the business school of Talent University with a 4.0 GPA and scored 826 on his MCAT. Having all the needed skills, John is considering a career in any of the following tracks. John collected information related to potential income and cost for his options. Since he is considering average income, John divided his professional career into 5 periods of earning Period 0 Occupation Period 4 Period 1 Period 2 Period 3 Neurosurgeon -20 15 30 Accountant 4 6. 10 12 14 Artist 3. 3. 3. Gymnast 25 10 Assume that John's discount factor d30.85. Find net present value of each career what is the NPV of the most lucrative option. 12:21 AM tScn Home F8 End PgUp F11 F9 F10 Pg Dn F12 Ins 20
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