Answer:
Let Lt = Loan in period t , t= 1...4
It = Investment in period t, t= 1...4
These are the decision variables
The objective is to maximize the net income which is the difference between Loan and investment in period 4
Investment income in period 4 = 110% of I4 = 1.1I4
Expense and loan in period 4 = 1.085 L4
So,
Maximize Z = 1.1I4-1.085 L4
Constraints
L1<= 3000
I1<= 4500
L1-I1= 100( Payroll payment)
L2<= 7000
I2<= 8000
L2+1.1I1-1.085L1-I2=120
L3<=4000
I3<= 6000
L3+1.12I2-1.085L2-I3=150
L4<=5000
I4<=7500
L4+1.13*I3-1.085L3-I4=100
1.10I4-1.085L4>=0
Lt, It>=0
Putting this in excel sheet,
See remaining part in pictures attached.
Explanation:
See pictures attached.
Answer:
$7,480
Explanation:
Mr Thano withdrew $22,000 at the age of 47
Marginal Tax rate= 24%
At the age of 47 means that the withdraw was made prematurely. Immature withdrawal of retirement plans means withdrawal made before the age of 60-65 years depending on the Country Policy
Hence, Tax Cost = 24% * 22,000
Tax cost = 5,280.
In addition, Mr Thano will be charge premature withdrawal cost of 10% as well
10% * 22000 = 2,200.
In total, the tax cost on the withdrawal of $22,000 is = $5,280 + $2,200 = $7,480
First calculate the effective interest rate because the
problem says that the interest is compounded semi-annually. The formula for
effective interest rate is ieff= [(1+i/n)^n] – 1. The calculated effective
interest rate is 10.25%. The value of the investment in 5 years could be
calculated using the equation, FV= PV (1+i)^n. The value of the investment then would be $244,334.194.
Answer: True
Explanation:
Because Subway is getting lot of profit on their selective stores around the country to introduce a new food item and from its growth stage.