Jennifer has just finished high school and is deciding whether to start working or go to college. She has already been offered a job that pays $35,000 a year. Four years of college will cost $12,000 each year. She would earn an extra $20,000 each year after she graduates for the 45 years she plans on working until she retires. Assume that the interest rate is 8.5%. Given this information, what should Jennifer do?
A. Take the job
B. Go to college
C. Take the job until the interest rate goes down and then go to college
D. It cannot be determined from the information given.
B. Go to college
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