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Jonathan Is Currently Working for a Clothing Company and Earning

Question 168

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Jonathan is currently working for a clothing company and earning $20 000 per year.In hopes of raising his future income he is considering quitting his job and returning to school to get his degree.He estimates that tuition and textbooks would cost $4 000/year while all other living expenses would be $8 000/year.Jonathan thus calculates his costs for the first year of college to be $12 000.Was he correct?

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No.Since his living expenses would likel...

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