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/0 Comments/in /by adminSuppose you were to build a model that would forecast the nationwide demand for nurses 20 years from now. As a start, you must make assumptions about population growth and the effects of new drugs. What else? Do you think the list of variables is endless? Support your answer. (250 words)
Use the concept of opportunity cost to explain why lawyers are more likely than physicians to get involved in politics. (250 words)
APA format cite references.
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/0 Comments/in /by adminEconomics Only need Part 2, but need tonight
/0 Comments/in /by adminInvestment Decision
Carol Jones, a single person, has an annual income of $32,200. The principal and interest payment on the $25,000 loan (30 years at 8%) for her condominium is $7.34 per $1000. Annual property taxes are $1,200 and insurance is $280 a year.
Ms. Jones would like to purchase a larger unit in a new high rise, but her monthly principal and interest will increase to $330.30, plus annual taxes will be $2,100. Interest on the $45,000 will be 8% as rates are lower than when she purchased her present condominium.
In 200-250 words, given Ms. Jones’ situation as described here, answer and discuss the following:
- What amount is deductible on the interest Ms. Jones currently pays if she is in the 28% tax bracket?
- If Ms. Jones purchases the new condominium, how would this affect her income tax? Analyze the investment from the perspective of tax savings.
- What should Ms. Jones consider before making this decision?
- What calculations should Ms. Jones make?
- What other savings would Ms. Jones realize?
Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references.
Recommendations for Ms. Jones
In 200-250 words, given Ms. Jones’ situation as described in Discussion 1, would you advise her to purchase the new home? Considering the investment from strictly the market place aspect – are high rise condos selling in your area? Analyze the situation and discuss what you think Ms. Jones should do. Give reasons for your answer. Support your claims with examples from required material(s) and/or other scholarly resources, and properly cite any references.
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