Josh recognizes that not only will he have the costs of attending school, but he will...

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Finance

Josh recognizes that not only will he have the costs ofattending school, but he will also be giving up a salary while heattends school. He figures the average salary for those with only ahigh school diploma is $30,000. He assumes he would receive a 2.4%cost of living raise each year. Determine how much money he willforgo while attending school.

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Josh recognizes that not only will he have the costs ofattending school, but he will also be giving up a salary while heattends school. He figures the average salary for those with only ahigh school diploma is $30,000. He assumes he would receive a 2.4%cost of living raise each year. Determine how much money he willforgo while attending school.

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