Learning Goal: I'm working on a micro economics question and need an explanation to help me study.

you are financial analyst and you have still 30 years before taking your retirement. you are currently paid $50000 a year and it will be the case for rest of your career. you have possibility to do a cfa certification this certification consists of three exams. you must only take one exam a year. the cost of one exam is $1000 and you must also but the books and training sessions at cost of $3000 for exam. the good thing is that you can make it and keep your current job if you have the cfa certification, you will have a permanent wage increase of $10000, the internet rate is 5%. will you choose to make the cfa certification? economics question

pur-new-sol

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