Fig8-22 - $1,116 $804 $530 $7,308 6 $7,308 $1,159 $835 $558...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Amount Invested $6,000 Marginal Tax Rate 28.00% Annual Return 15.00% (compounded quarterly) Beginning Investment Earnings Premium Ending Year Balance Earnings After Taxes Due Balance 1 $6,000 $952 $685 $423 $6,262 2 $6,262 $994 $715 $457 $6,521 3 $6,521 $1,035 $745 $489 $6,777 4 $6,777 $1,075 $774 $516 $7,035 5 $7,035
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: $1,116 $804 $530 $7,308 6 $7,308 $1,159 $835 $558 $7,585 7 $7,585 $1,203 $866 $595 $7,856 8 $7,856 $1,246 $897 $618 $8,136 9 $8,136 $1,291 $929 $660 $8,405 10 $8,405 $1,333 $960 $716 $8,649 Insurance Analysis Problem Minimize: D6 By changing: D6 Subject to: D10:D19>=E10:E19...
View Full Document

This note was uploaded on 05/20/2010 for the course DATA MODEL 4567 taught by Professor Dr.sawar during the Spring '10 term at Universidad San Jorge.

Ask a homework question - tutors are online