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? a. $36,000 b. $45,000 c. $40,000 d. $32,000 please select the best answer from the choices provided

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? a. $36,000 b. $45,000 c. $40,000 d. $32,000 please select the best answer from the choices provided

Answer

Answer:

A. $36,000

Explanation:

Step1: Calculate salary increase per year

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

Step2: Calculate total increase in 4.5 years

The total increase in 4.5 years is $8000\times4.5 = 36000$. This total increase is equal to the cost of college as she recovers the college - cost in 4.5 years. So the cost of college is $$36000$.