Maureen left her teaching job, which paid $30,000 per year, and invested $20,000 of her retirement fund (which was earning 10 percent interest) in a new real estate business. her accountant predicted a $60,000 revenue the first year. her husband, an economist, forecast her profit to be:
a.$60,000.
b.$10,000.
c.$28,000.
d.$32,000.

total economic profit  = $28,000

so correct option is c.$28,000

Explanation:

given data

paid = $30,000 per year

invested = $20,000

earning interest =  10 percent

revenue 1st year = $60,000

to find out

forecast her profit to be

solution

we know that economic profit is express as difference between the total revenue and total cost 1

so total economic profit = revenue - paid - Interest earned on retirement   2

as here it include both implicit and explicit cost of production of goods

and Implicit cost is the opportunity cost

so total economic profit = $60,000 - $30,000 - 10% of 20,000

total economic profit  = $28,000

so correct option is c.$28,000

idk sorry

explanation:

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%