Jerry earns a base salary of $50,000 as a photographer and is subject to the following hypothetical income tax bracket. Jerry is considering taking on an additional photoshoot that will increase his income by $5,000. In order for Jerry to deem the photoshoot worth his time, it must earn him $3,000 after taxes. Please round all answers to two decimal places.

Income Tax Rate
$0-$10,000 5%
$10,001-$30,000 10%
$30,001-$50,000 20%
$50,001+ 50%

(a) What is the marginal tax rate associated with taking on this photoshoot?
(b) Given the information above, will Jerry undertake this extra photoshoot?

List three major educational changes over the past 100 years that have positively influenced students. explain why these changes were influential.

Carlos hears juan and rita’s complaints about the new employees with whom they have to work with, as well as their threats to quit the company. if carlos were to reassign juan and rita to new, unique roles and separate them from the ronny and bill, it would signal that carlos has moved into the stage of managing resistance.

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.