Josh has decided to take a course at the local community college that could help him get a promotion at work. The course begins at 5pm and goes until 9pm on monday nights. Josh normally works until 5pm each day, but because of the drive time he will leave work at 3pm on class days. He earns $18.50 per hour. His employer contributes 10% of Josh's gross earnings to a 401k. If the class meets 16 times, what is Josh's total oportunity cost for the class?

Question

a. none
b. $800
c. $592.00
d. $651.20

Answer 1

800