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[answered] 1. Suppose you wish to have $1016928 set aside 30 years fro


1. Suppose you wish to have $1016928 set aside 30 years from now by making weekly deposits in an investment account that earns 6.08% annual interest. How much should you deposit each week? Round your answer to the nearest $1 2. Val and Sal are married and have 5 dependent children. They have a household income of $101819 for 2016. If they take the standard deduction for a married couple, how much will they owe in federal taxes for 2016? Round your answer to the nearest $1. 3. You've just bought a corporate bond for $975. It has a face value of $1000 and a coupon rate of 3.50% and pays interest semi-annually. If the bond matures in 5 years, how much profit will you have earned at maturity? Round your answer to the nearest $1 4. In my town there is a 1.00% municipal sales tax rate, a 1%, county sales tax, and a 4% state sales tax rate. Gross receipts at my retail store (including sales taxes) totaled $52778 for the month of September. Calculate my business's pre-tax earnings for the month of September. Round to the nearest $100 5. A game show company is considering offering a prize of $6980 per month for 31 years. Calculate the present value of this income stream if the available annual interest rate is 3.82%. Round your answer to the nearest $1000. 6. 8 years ago I took out a 30-year mortgage for $207227 with an annual interest rate of 5.60% and monthly payments. If I haven't made any extra payments, how much do I still owe on this loan now? Round your answer to the nearest $100 7. 20 years ago I bought 1152 shares of stock in Cynex, Inc at a price of $22.89 per share. Since then, the stock has had three splits; the first split was 4:1, the second was 4:1 and the third was 2:1. Today I sold all my shares at the current price of $10.64 per share. How much of a profit did I earn on this investment? Round your answer to the nearest $100. Thanks for answering

 


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