An Integral Approach for Computation of Cost-Benefit and Returns to Investment in Education

Authors

  • Udobia Elijah Etukudo Mathematics Department, Federal College of Education (Technical), Omoku, Rivers State,Nigeria
  • Azubuike C. Nwokocha Michael Okpara University of Agriculture, Umudike-Umuahia, Nigeria

Abstract

The formulae for computation of cost benefit and return to investment in education given respectively as (2.1) for PV
(present value of returns to investment in education) and (2.2) NPV (net present value of returns to investment in education) are
reduced to integral form and (1 + r)-t transformed to exponential and logarithmic functions, and simple straight forward formulae
proffered for the calculation of PV and NPV.

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Published

2011-09-01

Issue

Vol. 1 No. 2 (2011): September 2011 - Special Issue

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

How to Cite

An Integral Approach for Computation of Cost-Benefit and Returns to Investment in Education. (2011). Journal of Educational and Social Research, 1(2), 57. https://www.richtmann.org/journal/index.php/jesr/article/view/11715