yvonne continues to work full - time at her job while she attends college part - time. it takes 5 years for…

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?\na. $36,000\nb. $45,000\nc. $40,000\nd. $32,000

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?\na. $36,000\nb. $45,000\nc. $40,000\nd. $32,000

Answer

Answer:

A. $36,000

Explanation:

Step1: Calculate salary increase per year

The increase in salary per year is $45000 - 37000=8000$.

Step2: Calculate total extra - earnings in 4.5 years

The total extra - earnings in 4.5 years is $8000\times4.5 = 36000$. This is the cost of college as it is the amount she recovers in 4.5 years to cover her college costs.