MY SPOUSE AND I ARE EACH 62 AND HOPE TO RETIRE IN THREE YEARS. AFTER RETIREMENT WE WILL RECEIVEE 7500 PER MONTH AFTER TAXES FROM OUR EMPLOYERS PENSION PLANS AND 1500 PER MONTH AFTER TAX FROM SOCIAL SECURITY. UNFORTUNATELY, OUR MONTHLY EXPENSES ARE 15,000. OUR SOCIAL OBLIGATION PRECLUDE FURTHER ECONOMES. WE HAVE 1000000 INVESTED IN A HIGH GRADE, TAX-FREE MUNICIPAL-BOND FUND. THE RETURN ON THE FUND IS 3.5% PER YEAR. WE PLAN TO MAKE ANNUAL WITHDRAWALS FROMT HE MUTUAL FUND TO COVER THE DIFFERENCE BETWEEN OUR PENSION AND SOCIAL SECURITY INCOME AND OUR LIVING EXPENSES. HOW MANY YERS BEFORE WE RUN OUR OF MONEY? WHAT DO YOU TELL YOUR CLIENT?

You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)

Individual consumers belong to which step of choosing a target market? possible customers competition demographics communication

University car wash built a deluxe car wash across the street from campus. the new machines cost $219,000 including installation. the company estimates that the equipment will have a residual value of $19,500. university car wash also estimates it will use the machine for six years or about 12,500 total hours. actual use per year was as follows: year hours used 1 3,100 2 1,100 3 1,200 4 2,800 5 2,600 6 1,200 prepare a depreciation schedule for six years using the following methods: 1. straight-line. 2. double-declining-balance. 3. activity-based.