FIN 571 TUTOR Extraordinary Life/fin571tutor.com FIN 571 TUTOR Extraordinary Life/fin571tutor.com | Page 15

If you made a $ 59,000 deposit in each bank , how much more money would you earn from your Second City Bank account at the end of 9 years ? ( Do not round intermediate calculations and round your answer to 2 decimal places , e . g ., 32.16 .)
12299.09
6 . What is the future value of $ 3,136 invested for 12 years at 6.50 percent compounded annually ?
7 . What is the present value of $ 12,750 to be received 3 years from today if the discount rate is 5.50 percent ? use this website : http :// www . moneychimp . com / calculator / present _ value _ calculator . htm
8 . Six months ago , you purchased 1,200 shares of ABC stock for $ 21.20 a share and have received total dividend payments of $. 60 a share . Today , you sold all of your shares for $ 22.20 a share . What is your total dollar return on this investment ?
9 . Six months ago , you purchased 100 shares of stock in ABC Co . at a price of $ 43.89 a share . ABC stock pays a quarterly dividend of $. 10 a share . Today , you sold all of your shares for $ 45.13 per share . What is the total amount of your capital gains on this investment ?
10 . Which one of these accounts is classified as a current asset on the balance sheet ?
11 . Shelton , Inc ., has sales of $ 395,000 , costs of $ 183,000 , depreciation expense of $ 48,000 , interest expense of $ 29,000 , and a tax rate of 40 percent . ( Do not round intermediate calculations .)
What is the net income for the firm ?
12 . On a balance sheet , deferred taxes are classified as :
13 . Which one of these equations is an accurate expression of the balance sheet ?