Jesse works for an engineering firm earning $54,000 per year. jesse is 53 years old and plans on retiring at age 65. he? s considering working part-time so that he can work on another degree. his new degree would take him 3 years to earn and cost a total of $30,000. after getting the degree, jesse will make $75,000 per year.

do you think that the new degree is worth the investment? explain your reasoning.

Jesse will spend $111,000 to earn the degree: 3 years loss of 1/2 his salary + cost of education = 3(27,000) + 30,000 He will make $21,000 per year more after earning his degree, so it will take a little over 5 years to recover his investment. This means that he will work an additional 4 years making $21,000 more per year for a total of $84,000, so it seems like a wise investment

(this is the possible answer it gave me when I finished the assignment)

a

explanation: