Instructions: Use the TVM operations on your calculator to answer the following questions Unless otherwise stated, assume that interest rates are given annual and payments are made monthly. Round your answers to 2 decimal places. a)(2 points) If you purchase a parcel of land today for $50,000 and you expect it to appreciate 10 percent per year in value, how much will your land be worth 10 years from now

He taylor company sells music systems. each music system costs the company $100 and will be sold to the public for $250. in year one, the company sells 100 gift cards to customers for $250 each ($25,000 in total). these cards are valid for just one year, and company officials expect them to all be redeemed. in year two, only 96 of the cards are returned. what amount of net income does the company report for year two in connection with these cards? a. $15,000b. $15,400c. $15,500d. $15,800

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i. e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35