Suppose a 25-year-old worker purchases a $5,000 bond that pays 6% interest per year which she plans to withdraw when she retires in 40 years. How much will the $5,000 accumulate to in 40 years? If the worker faces a marginal tax rate of 30% on interest income, how much will the $5,000 accumulate to in 40 years?
In the absence of taxes, the bond will accumulate to $51,428.59 . With a marginal tax rate of 30% on her interest income, the bond will accumulate to $25,922.61.
Economics
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In January 2015, Tim's Gyms, Inc owned machines valued at $1 million. During the year, the market value of the equipment fell by 30 percent. During 2015, Tim spent $200,000 on new machines. During 2015, Tim's gross investment totaled
A) $1 million. B) $300,000. C) $200,000 D) $900,000.
Economics
Describe the product cycle, including addressing the various inputs that are required over time and the resulting production location decisions
What will be an ideal response?
Economics