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b. Scarlett recognizes that not only will she have the costs of attending school but she will also be giving up a salary whil

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492 494 493 No. of Years (N) Salary forgone 495 Yearly rate 496 497 Money Foregone for Attending school 30500 3.20% $112,831.

Formulas used:-

Money Foregone for Attending School=-PV(D495,D493,D494)

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