1. By Craig Brown, Troy Hamilton, Ben Logsdon, and Daniel Husen

2.  Entry level engineer looks for job opportunity  Los Angeles vs New York options  Which option yields best future value after 10 years of work?  Benefits vs Expense factors

3.  $65,000 starting salary  Annual raise of 3%  Assumed inflation: 3%  MARR of 7%

4.  Monthly apartment rental: $750/month  Groceries: $4800  Transportation: $2400  Annual health costs: $3600  Utilities: $3000  Miscellaneous: $4800  Total expenses:$27,600

5.  $69,797 starting salary  Annual raise of 3%  MARR of 7%  Assumed inflation of 3%

6.  Apartment rental: $11,400  Utilities: $4,800  Groceries: $3,600  Health: $3,120  Transportation: $1,560  Miscellaneous: $4,800  Total expenses: $29,280

7.  Net Future Worth for LA: $277,112.67  Net Future Worth for NY: $296,344.92 (for disposable incomes) NY option has $19,232.25 greater NFW.

8.  NY had greater starting salary  Less transportation expenses than LA  Cheaper grocery expenses  Lower overall expenses despite higher income tax.

13.  Based on our assumptions, the east coast option yields the greater profit in 10 years  If the west coast showed slightly more favorable conditions then it could yield as good or better results.