Yvonne continues to work full-time at her job while she attends college part-time. it takes 5 years for yvonne to complete the program, but when she does she is able to increase her salary from $37,000 per year to $45,000 per year. at this rate, yvonne will have recovered her college costs after 4.5 years. how much did it cost yvonne to go to college? a. $36,000 b. $45,000 c. $40,000 d. $32,000

We will not complicate the problem here. We know that Yvonnes current salary before she completes the program is $37000 per year. If she completes the program, she will earn $45000 per year. In 4.5 years with that rate, she can cover her program costs. This means 45000 x 4.5 = $202,500 is need in the 5 year program. If she earns 37000 x 5 = $185000 in the span of 5 years, we then subtract her earnings from the cost. We get 202500 - 185000 = $17500, which happens to be NOT in the choices.

17 1/3

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