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( 8 points ) Develop a monthly investment plan for an engineer that wants to maximize their wealth. Summarize your general strategy, and present graphical
points Develop a monthly investment plan for an engineer that wants to maximize their wealth. Summarize your general strategy, and present graphical results showing the accumulated net worth per month. Assume that the engineer:
must pay taxes according to Puerto Rico's tax rules,
must pay taxes in April of each year except for the first April because the engineer has no income in the previous year
does not pay taxes on interest earned via an individual retirement account IRAbut interest earned via other instruments is income that is part of gross income
has all needs rent car, food, etc. covered in the Monthly Expenses see Table and
needs a plan for a year period.
Table Personal Financial Data
tableItemValue,Monthly Gross Income,$Monthly Tax Retention,$Other Monthly Deductions,$Monthly Expenses,$Credit Card Debt at the start of the analysis,$Minimum Credit Card Payment,$Credit Card Annual Percentage Rate APR
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