The expenses and income of anindividual are given in table formto the right. Find the net monthlycash flow (it may be negativeor positive). Assume thatamounts shown for salaries andwages are after taxes and that1 month= 4 weeks.IncomePart-time job: $1400/monthStudent loans: $6600/yearScholarship: $5500/yearThe net monthly cash flow is $(Round to the nearest dollar as needed.)ExpensesRent: $550/monthGroceries: $40/weekTuition and fees: $7500/yearHealth insurance: $40/monthEntertainment: $300/monthPhone: $70/monthCINCI

IncomePart time job = $ 1400/monthStudent loans = $6600/year Scholarship = $5500/year Expenses Rent…

Answered: The expenses and income of an…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A pension fund manager decides to invest a total of at most $40 million in U.S. Treasury bonds paying 6% annual interest and in mutual funds paying 9% annual interest. He plans to invest at least $5 million in bonds and at least $10 million in mutual funds. Bonds have an initial fee of $100 per million dollars, while the fee for mutual funds is $200 per million. The fund manager is allowed to spend no more than $7000 on fees. How much should be invested in each to maximize annual interest? What is the maximum annual interest? View an example Get more help. 8 20 F3 The amount that should be invested in Treasury bonds is $ funds is $ $million. S4 $ gog R F V F4 % 5 T F5 B 10 6 Y F6 H & 7 N F7 U J * 8 A M million and the amount that should be invested in mutual ( 9 K Clear all A O ) 0 A L F10 Check answer P V 7 + 11 #0 10 1
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Calculate the average inventory (in $) and inventory turnover ratio for the given company. (Round the inventory turnover ratio to one decimal place.) Company BeginningInventory EndingInventory AverageInventory Cost ofGoods Sold InventoryTurnover a hardware store $315,220 $300,070 $ $4,856,470
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Calculate the average inventory (in $) and inventory turnover ratio for the given company. (Round the inventory turnover ratio to one decimal place.) Company BeginningInventory EndingInventory AverageInventory Cost ofGoods Sold InventoryTurnover a hardware store $315,220 $300,070 $ $4,956,470

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