In year one, Adam earns $1,000 and saves $100. In year 2, Adam gets a $500 raise so that he earns a total of $1,500. Out of that $ 1,500, he saves $ 200. What is Adam's MPC out of his $500 raise?
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In year one, Adam earns $1,000 and saves $100. In year 2, Adam gets a $500 raise so that he earns a total of $1,500. Out of that $ 1,500, he saves $ 200. What is Adam's MPC out of his $500 raise?
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- ave $60 and your sister has $120. You are saving $14 per week and your sister is saving $10 per week. How long will it be before you and your sister have the same amount of money? What amount would you have the same?At a military base in Texas, Corporal Stan Moneymaker has been offered a wonderful savings plan. These are the salesperson’s words: “During your 48-month tour of duty, you will invest $200 per month for the first 45 months. We will make the 46th, 47th, and 48th payments of $200 each for you. When you leave the service, we will pay you $10,000 cash.” Is this a good deal for Corporal Moneymaker? Use the IRR method in developing your answer. What assumptions are being made by Corporal Moneymaker if he enters into this contract? ( please solve the ırr method not excel solution)please do fast with proper calculation
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