Give me a number and I will put that into a high interest savings account for you. Then, when you start university next year, you will not have…

“Give me a number and I will put that into a high interest savings account for you. Then, when you start university next year, you will not have to worry about how to finance your education.” The words of a donor still make you smile. You are Keela, a grade 12 High School student, who is given the opportunity to put together a package that would be assessed by the donor to pay for your education. As you had done work with this donor before, they wanted to make sure that you have every opportunity to be successful at school and in your future accounting career. They have high expectations of you and expect you to continue your approach to working hard both in and out of school. They were also familiar with your advanced abilities and challenged you to come up with a calculation that would make it so that you would complete your BAcc (coop) [4 and half year program] program at Brock University without being out of pocket (NPV = 0). The donor has asked you to include all the relevant costs that you will incur as well as all the relevant revenues you will earn. The donor would also like to have your assessment of any assumptions that should be incorporated that could change the numbers you have included (such as inflation). The donor has left this open ended for you to put together but has asked for the following three (3) areas be clearly assessed:

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