Trade certificate

Worth it on these numbers

It has paid for itself by year 1.

• Counting the 70% chance it works out, it brings in $5,600 a year on average.
• Over the whole period you come out $81,965 ahead.
• Later years are counted a little less (3% a year), because money now can be saved.

This is a worked example with illustrative figures, not data about any real person or company. Change any of them in the calculator and the answer changes with them.

How this answer was worked out

Every formula is written out on the formulas page.

What the calculator asks you

• Course cost
• Years to finish
• Income you give up per year meanwhile
• Extra income per year after
• Chance it works out
• Years you will benefit

Related

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• Is it worth it?The calculator this example comes from
• Before you decideA checklist of what is worth checking first