You can calculate how long it will take for your investment in education to "pay back. " To do so use the following formula:
Cost of education ÷ (new pay per week − old pay per week) = weeks to pay back education. Hint: Your old take-home pay was $341. 52. Rounded to the nearest week, how long it will take for your investment in education to "pay back"?
60 weeks
29 weeks
38 weeks
