My current income is $40,000. I believe that I owe $8,000 in taxes. For $500, I can hire a CPA to review my tax return; there is a 20% chance that she will save me $4,000 in taxes. My utility function for (disposable income) (current income) (taxes) (payment to accountant) is given by x where x is disposable income. Should I hire the CPA

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?