Personal Investment OptionsScenariosGraduate SchoolCooperative Graduate SchoolComparison (by savings)Personal Investment OptionsTeam 8 Organizer: Sam UyenoSummarizer: Hung LyTechie: Reynaldo Sarmiento JrTechie: Amish ShethScenarios Graduate SchoolorCooperative Graduate school(Assumption: recently completed and paid for undergraduate school at 23)Graduate SchoolTuition – $3,200 a quarter totaling $19,200Career – Mechanical Engineer ($65,000 starting salary w/ estimated 6% increase annually) at age 25Cooperative Graduate SchoolSame grad schoolCo-op salary – $15.00 an hour 20 hours a week totaling $18,000 during grad schoolCareer - Mechanical Engineer ($80,000 starting salary w/ estimated 7% increase annually) at age 27Comparison (by savings)Savings into 401k at 16% over a 20 year cycle Which would you
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