A young executive deposits $100 at the end of each month for 5 years into an account that earns 6% compounded monthly. How much is in the account after the 5 years? (Round your answer to the nearest cent).

$  

The executive then changes the deposits in order to have a total of $400,000 after 25 total years. What should be the revised monthly payment in order to meet the $400,000 goal? (Round your answer to the nearest cent).

$  

How much interest is earned during the 25 years?

$  

Nancy purchased $80,000 worth of common stock by borrowing $32,000 from her broker. She paid the rest to satisfy the initial margin requirement. The initial stock price is $160 per share. The maintenance margin requirement is 45%. The broker charges 8% on the margin loan. If the stock price changes from $160 to $120 one year later, will Nancy receive a margin call at this price?

One morning the Open Market Account Manager at the New York Federal Reserve Bank observes that the equilibrium (market) federal funds rate is 3.25%. Suppose the target federal funds rate is 2.5%. What does this indicate about total reserves in the banking system? What would the Account Manager decide to do (open market purchase or open market sale)? Draw a reserves market diagram to explain your answer. Label the diagram(s) neatly and show all the changes clearly.

The marginal propensity to consume is:

If the consumption function is given by C = 150 + 0.85( Y – T) and T increases by 1 unit, then national saving

Lightbolt Inc. makes bolts and sells in a perfectly competitive market. The manager of the firm reads business publications regularly to keep up with market changes. Recently, two events came to her attention: (a) the overall market supply of bolts will decrease by 4% due to exit by competitors, (b) the overall market demand for bolts will increase by 4% due to a manufacturing boom. How will this affect the firm’s production and profit? Show graphically (assuming P = MC = ATC when manager was informed of the events).

Which of the following statements are correct (Select all that apply):

Select one or more:

A. An income statement reports on financing activities.

B. A balance sheet reports on investing and financing activities.

C. The statement of cash flows reports on cash flows from operating, investing, and financing activities over a period of time.

D. A balance sheet reports on a company's assets and liabilities over a period of time.

E. The statement of equity reports on changes in the accounts that make up equity

Which of the following statements are correct (Select all that apply): Select one or more: A. A balance sheet reports on investing and financing activities. B. An income statement reports on financing activities. C. The statement of equity reports on changes in the accounts that make up equity. D. The statement of cash flows reports on cash flows from operating, investing, and financing activities over a period of time. E. A balance sheet reports on a company's assets and liabilities over a period of time.

1. If the entire cell in your spreadsheet is filled with this symbol “xxxxxxxxx”, it is most likely an indication that:

Your Answer: ________

1. You do not have enough space in the cell to display your answer
2. You have a formula error in the cell.
3. You have a calendar date in the cell that needs to be adjusted.
4. You have a misspelled word in the cell.

2 Which if these is not one of the four primary financial statements:

Your Answer: ______

1. Financing Statement
2. Balance Sheet
3. Statement of Changes in Equity
4. Income Statement
5. Cash Flow Statement

Paul and Libby White (both are age 66) are married and together have AGI of $105,000 in 2018. They have two dependents and file a joint return. During the year, they paid $8,000 for medical insurance, $15,000 in doctor bills and hospital expenses, and $1,000 for prescribed medicine and drugs.

(A) In December 2018, the Whites received an insurance reimbursement of $3,500 for hospitalization expenses. Determine the deduction allowable for medical expenses paid during the year.

(MAKE SURE TO ACCOUNT FOR THE TCJA CHANGES OF 2017 IF RELEVANT

Alcohol consumption on an empty stomach results in hypoglycemia and ow blood pH levels.

There are also significant changes to certain metabolites (increased intracellular ratios of lactate

to pyruvate, of glycerol-3-phophate to dihydroxyacetone phosphate, of glutamate to alphaketoglutarate).

(a) Why does symptoms of hypoglycemia and blood acidosis seen only in hungry individuals

consuming alcohol and not in well-fed individuals consuming alcohol? (5 points)

(b) What is the biochemical explanation behind altered metabolite ratios? (5 points)