Studies have concluded that a college degree is a very good investment. Suppose that a...
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Studies have concluded that a college degree is a very good investment. Suppose that a college graduate earns about 79% more money per hour than a high-school graduate. If the lifetime earnings of a high-scho graduate average $1,140,000, what is the expected value of earnings of a college graduate? The expected value of earnings of a college graduate is $. (Round to the nearest whole dollar.)
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