Dawn Estimates the Present Value of Investing in a College

question 29

Multiple Choice

Dawn estimates the present value of investing in a college education is $350,890 while the present value of cost is $236,784. In this case:

• A) Dawn should invest in the education.
• B) Dawn should not invest in the education.
• C) Dawn would be indifferent to investing in the education.
• D) Dawn must first estimate the rate of return before deciding whether or not to invest in the education.

---

Definitions:

Neander Valley

A valley in Germany where the first fossils of Neanderthals, an extinct species or subspecies of archaic humans, were discovered in the 19th century.

Prehensile Tail

A tail adapted for grasping or holding objects, found in some species of mammals, notably some monkeys.

Primate Suborder

A subdivision within the order Primates, which includes humans, apes, monkeys, and prosimians.

Prosimi

Commonly refers to a group of primates that includes lemurs, lorises, and tarsiers, often characterized by their more primitive features.