Business, 02.04.2020 04:59 monnicawilliam

Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best.

Phoebe claims that she wants a career with no college or trade school requirements because she could save the money for retirement rather than spending it on education. She estimates her average yearly salary at $35,000 a year with no post-secondary education requirements.

Connor claims post-secondary education will help him get a career with a higher salary and more benefits he can use in retirement so the education costs will more than pay for themselves. Connor estimates his average yearly salary at $60,000 after earning a college degree.

Which statement about their claims is correct?

Answers: 3

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Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on ho...