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PFI/PFP: Introduction to Personal Finance Unit 5 Project Learning Goals: Identify ways to invest and enhance human capital as a means to increase financial capital Understand the importance of personal risk tolerance and be able to assess the relationship between liquidity, risk, and return . 1. Scarlett is trying to decide if she should attend college or not. on the return on investment of college. She estimates that the per year cost to attend a local university in Texas including room and board is $26,346. She also assumes the costs of Part of her decision will be based H -attendance will rise by 2.8% per year. How much is a 4 year degree going to cost Scarlett? Explanation: PV PMT FV 2. Scarlett recognizes that not only will she have the costs of attending school but she will also be giving up a salary while she attends school. She figures the average salary for those with only a high school diploma is S30.500. She assumes she would receive a 32% cost of living raise each year. Determine how much money she will forgo while attending school. Explanation: PV PMT If Scarlett adds the cost of college with the salary she will forgo by attending college she finds it will cost: loans needed to pay for school). 3. in total. (Keep in mind that this does not include any interest on 4. Continuing from question 3,. Help John determine if it really is worth it to get a college education by comparing his ROI going to college and his ROI not going to college. After some research Scarlett discovers that for her carcer choice over the next 20 years she can expect to cam S2,400,000 with a degree and $600,000 without one. What is Scarlett's 20-year ROl from going to college? Explanation ILY PV PMT FV Is this is a good ROI or not? List at least 3 other factors besides ROI that Scarlett should consider. 2. 5. Identify at least 3 different job postings that you would be interested in using websites such as monster.com, indeed.com, careerbuilder.com, payscale.com and others. These three job postings can be ones you find or you can reach out to other students through the discussion board/groups and pool your resources. This is a good way to get to know people who have similar interests and to make connections. Research and report on the starting salary, at least 3 of the responsibilities of that particular job, and identify at least 2 qualifications for the job (degrces, certifications, etc.). Job Title tde Starting Salary 3 Responsibilities 2 Qualifications Range 2. 2. 2. 3. 2. 2. 2. 3. 3. PFI/PFP: Introduction to Personal Finance Unit 5 Project Learning Goals: Identify ways to invest and enhance human capital as a means to increase financial capital Understand the importance of personal risk tolerance and be able to assess the relationship between liquidity, risk, and return . 1. Scarlett is trying to decide if she should attend college or not. on the return on investment of college. She estimates that the per year cost to attend a local university in Texas including room and board is $26,346. She also assumes the costs of Part of her decision will be based H -attendance will rise by 2.8% per year. How much is a 4 year degree going to cost Scarlett? Explanation: PV PMT FV 2. Scarlett recognizes that not only will she have the costs of attending school but she will also be giving up a salary while she attends school. She figures the average salary for those with only a high school diploma is S30.500. She assumes she would receive a 32% cost of living raise each year. Determine how much money she will forgo while attending school. Explanation: PV PMT If Scarlett adds the cost of college with the salary she will forgo by attending college she finds it will cost: loans needed to pay for school). 3. in total. (Keep in mind that this does not include any interest on 4. Continuing from question 3,. Help John determine if it really is worth it to get a college education by comparing his ROI going to college and his ROI not going to college. After some research Scarlett discovers that for her carcer choice over the next 20 years she can expect to cam S2,400,000 with a degree and $600,000 without one. What is Scarlett's 20-year ROl from going to college? Explanation ILY PV PMT FV Is this is a good ROI or not? List at least 3 other factors besides ROI that Scarlett should consider. 2. 5. Identify at least 3 different job postings that you would be interested in using websites such as monster.com, indeed.com, careerbuilder.com, payscale.com and others. These three job postings can be ones you find or you can reach out to other students through the discussion board/groups and pool your resources. This is a good way to get to know people who have similar interests and to make connections. Research and report on the starting salary, at least 3 of the responsibilities of that particular job, and identify at least 2 qualifications for the job (degrces, certifications, etc.). Job Title tde Starting Salary 3 Responsibilities 2 Qualifications Range 2. 2. 2. 3. 2. 2. 2. 3. 3

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