Question 1 Barry is a single graduate teaching assistant at the local university. He has annual income consisting of a $10,000 salary and $12,000...

2 only

None of the above

2, 3, and 4

3 and 4

1 and 5

For 1 points

Question 24

J. Fred invested $5,000 in an established company. It paid no dividends the first year. In the second year, he received $25 in dividends. He sold the stock in the third year for $10,500 after he received a $50 dividend. What is J. Fred's internal rate of return?

20.66

28.19

40.56

28.39

For 1 points

Question 25

William and Mary will be attending their 25th college reunion in 8 years. They are both very successful and would like to make a donation to the college at the reunion. If they are able to save $5,000 at the end of each quarter until the reunion, and they can receive a return of 10% on an investment you recommend to them, how much will they be able to contribute to the college?

$109,246

$43,681

$240,751

$246,770