Disposable personal income is the income that a. households have left after paying taxes and non-tax payments to the government. b. businesses have left after paying taxes and non-tax payments to the government. c. households and noncorporate businesses have left after paying taxes and non-tax payments to the government. d. households and businesses have left after paying taxes and non-tax payments to the government.

The correct answer is letter "C": households and noncorporate businesses have left after paying taxes and non-tax payments to the government.

Explanation:

The disposable income is the money left by a person or organization after paying all taxes. Some deductions that can impact the amount of disposable income are deductions on jobs for such things as health insurance. The disposable income is the net amount earned in people's paychecks. for the government, disposable income is non-tax money.

the investment was $14,174.196

explanation:

a lump sum means that the father of the example made one deposit and leave it be.

we need to know the value of a capital that generated at 4.05% per year during 28 years the sum of $48,613.24

now clearing the formula to solve for capital we got:

and we reach the answer investment = $14,174.20