You would like to save $5,000 today, in preparation for retirement 30 years from now. you have to choose between putting it into one of the two plans describe below: i) pay no taxes toady, and put the money into an interest-bearing account. when you withdraw the money on retirement, you pay a 20% tax rate on the money taken from the account. (this is how an individual retirement account, or, ira works) ii) pay a tax rate of 15% of the investment amount today, when you put it into the account, but do not pay any tax when you withdraw funds at retirement. the interest rate you get is the same in both plans. a) what is the expected present discounted value of each of these plans if the interest rate is 1%? what if the interest rate is 10%? (note: you can do this with a calculator, but it’s going to be easier with a spreadsheet.) b) which plan would you choose in each case?

Which statement about the cost of the options is true? she would save $1,000 by choosing option b. she would save $5,650 by choosing option a. she would save $11,200 by choosing option b. she would save $11,300 by choosing option a.

Cosmetic profits. sally is the executive vice president of big name cosmetics company. through important and material, nonpublic information, she learns that the company is soon going to purchase a smaller chain of stores. it is expected that stock in big name cosmetics will rise dramatically at that point. sally immediately buys a number of shares of her company's stock. she also tells her friend alice about the expected purchase of stores. alice wanted to purchase stock in the company but lacked the funds with which to do so. although she did not have the funds in bank a, alice decided to draw a check on bank a and deposit the check in bank b and then proceed to write a check on bank b to cover the purchase of the stock. she hoped that she would have sufficient funds to deposit before the check was presented for payment. of which of the following offenses, if any, is alice guilty of by buying stock?

Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.