CH%203_P4

CH%203_P4 - 749.35 381.2 Actual Mean 26200 26400 26400...

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TSB EXAMPLE Annual Income 50000 Chapter 3 Problem 4 Random# 0.99 7000 4000 18400 24600 TSB AMOUNT 24600 3000 4000 5000 6000 7000 1 27200 27600 25000 25400 25800 2 28200 27600 26000 25400 25800 3 26200 25600 25000 26400 25800 4 28200 25600 26000 26400 25800 5 28200 24600 26000 26400 25800 6 26200 27600 27000 25400 25800 7 27200 25600 27000 26400 25800 8 25200 25600 27000 25400 25800 496 27200 27600 27000 26400 25800 497 25200 24600 27000 26400 25800 498 28200 27600 26000 26400 25800 499 24200 25600 27000 26400 25800 500 27200 26600 27000 26400 25800 mean 26354 26408 26460 26224 25800 stdev 1367.49 1154.9
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Unformatted text preview: 749.35 381.2 Actual Mean 26200 26400 26400 26200 25800 Putting $4000 or $5000 in TSB seems to yield same expected after tax and expense income. $5000 has less variability, however, and should be preferred, Answer does not depend on salary! Medical Expenses Amount in TSB Federal Tax Takehome Pay A B C D E F G H I 1 2 3 4 5 6 7 8 9 10 11 12 13 14 502 503 504 505 506 507 508 509 510 511 512 513 514...
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This note was uploaded on 05/09/2010 for the course MD 605 taught by Professor Silks during the Fall '10 term at box.

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