Write a paper determining the NPV of undertaking the MBA program.

Natasha Kingery is a 30 year old with a Bachelor of Science degree in computer science. She is currently employed with a telephony corporation in Seattle, WA earning $38,000 a year that she anticipates will grow at 3% per year. Natasha has recently inherited $75,000 from her aunt and invested the money into 30-year Treasury Bonds. Natasha’s goal is to set herself up financially so that she can retire at 65 years old. Natasha is considering getting her MBA because she feels that could help her increase her earnings. The following provides an overview of each option: Option #1 – Natasha is considering obtaining a certification in network design. In doing so, she’d be promoted to a Tier 3 representative in her company that comes with a $10,000 increase in her salary. Natasha projects that the growth rate of her salary will continue to be 3% per year. The certification program consists of 20 web-based courses and earn at least an 80% of the exam at the end of the course series. The average amount of time to completion is one year and the total cost of the program is $5,000 which is due up front at the time of enrollment. The program is asynchronous and on her own time so she will not lose any income. Option #2 – Natasha is considering going back to school for an MBA degree. Natasha has been told that with her MBA she could be considered for a managerial position in her firm. The managerial position pays $20,000 a year more than her current position. Again, Natasha expects that the growth rate for her salary will maintain a 3% increase per year. The cost of the program is $25,000 and courses are in the evening. Because this is an evening program she will not lose any earnings while attending the program. Natasha has hired you as her financial planner and wants an analysis of these options and what your recommendation would be for her. To prepare for this assignment do the following: Determine the interest rate Natasha earns on her inheritance. (This will serve as the discount rate for you to use to address other elements of the assignment. Below are steps on how to retrieve this information). Provide an analysis of both options based on a timeline and using the following assumptions: Salaries for the year are paid only once, at the end of the year. The salary increase becomes effective immediately upon graduating from the MBA program or being certified. Because the increases become effective immediately but salaries are paid at the end of the year, the first salary increase will be paid exactly one year after graduation or certification. Calculate the present value of the salary differential for completing the certification program. Subtract the cost of the program to get the NPV of undertaking the certification program. Calculate the present value of the salary differential for completing the MBA degree. Calculate the present value of the cost of the MBA program. Then, determine the NPV of undertaking the MBA program. Then in a four to five page paper report to Natasha your findings. Make sure to give her sound advice based on her investment of her inheritance. Is she getting a good rate? Also, Natasha loves details so be sure that you thoroughly explain your process used in determining each calculation. Finally, give Natasha guidance on whether she should get an MBA, a certification, or not at all? Be sure that you use at least four scholarly sources to help support your assessment and recommendations. Also, your paper should meet strict APA formatting requirements and have a title page and reference page. Finally, keep in mind, that the title and reference pages are not included in the total page count. Any questions you have about this assignment can be directed towards your instructor.Steps for Interest Rate on Treasury BondGo to treasury.govSelect “Data” on the main menu.Select “Daily Treasury Yield Curve Rates” found under the interest rate heading. Enter “2016”*Search down the list for March 16 to locate the interest rate that she is earning. Also, use this interest rate as the discount rate for the remainder of this analysis. *For purposes of this assignment you will assume that the date that Natasha came to you is March 16, 2016.