$260
I don’t know what model/formula you are supposed to be using.
But what I did first was calculated what 30% of 2700$ is.
2700 x .3 = 810
So it depreciates $810 per year.
$810 x. 3 years = 2430
2700 - 2430 = 260
In three years, the laptop will be worth $260
Using a calculator I put 1,284/26=49.384615385. Rounded to tenth: 49.4 :)
The answer if i’m not wrong would be r 3-2 equals 1 which is r.
Answer:
their current cash flow is negative since their expenses are higher than their income:
- monthly net income = $56,000 / 12 = $4,667
- monthly expenses = $1,500 + $3,500 = $5,000
- monthly cash flow = ($333)
they have 3 options:
- Option 1 (which I personally dislike) is that Neil contributes $4,000 less per year to his retirement account in order to balance their net income and expenses. The problem is that once he retires, his income will be much lower.
- Option 2 is that they lower their expenses a little bit, only enough to balance their cash flows.
- Option 3 is that Nancy gets a part time job, maybe a couple of hours per day which will allow her to earn money that can be used to cover some expenses.
Personally I believe that option 2 is the best, but if they definitely cannot lower their monthly expenses, then option 3 would probably fit them.
