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\nplease select the best answer from the choices provided\no a\no b\no c\no d
Answer
Explanation:
Step1: Calculate annual salary increase
The annual salary increase is the new - salary minus the old salary. So, the annual salary increase is $45000 - 37000=$8000$.
Step2: Calculate college cost
The college cost is equal to the annual salary increase multiplied by the number of years it takes to recover the cost. So, the college cost is $8000\times4.5 = 36000$.
Answer:
A. $36,000