For problems 2, 3, 4 and 5, answer 3 of these questions. (Write “SKIP” to the one you do not want graded) You want to save $2,000,000 for retirement. You expect that you can safely earn 6% per year. You already have save 85,000  If you can deposit $15,257.30, how much longer will you have to wait until you will be able to retire?  

For Problems 15 – 20 select FOUR of these problems.  Write “SKIP” for only one of these 5 problems.   P4C 4.  A fully amortizing CAM (constant amortization mortgage) loan is made for $120,000 at 6% for 25 years.  Payments are made monthly. A. Calculate the monthly payment on the CAM loan for the first 3 months. B.  what is the payoff of the loan after 3 payments? C. If the loan was a CPM (constant payment mortgage) how much would be owed after 3 months? 

For Problems 15 – 20 select FOUR of these problems.  Write “SKIP” for only one of these 5 problems.   P2C 2 The Dallas Development Corporation is considering the purchase of an apartment project for $100,000.  They estimate that they will receive $15,000 at the end of each year for the next 10 years.  At the end of the 10th year, the apartment project will be worth nothing. A.  If Dallas purchases the project, what will be its internal rate of return, compounded annually?  B. If the company insists on an 8.25 percent return compounded annually on its investment, is this a good investment (Justify your answer)?

For Problems 15 – 20 select FOUR of these 5 problems.  Write “SKIP” for only one of these 5 problems.   P1C 1. An investment in a real estate venture will provide returns at the end of the next four years as follows:  year 1, $5,500; year 2, $7,500; year 3, $8,500; and year 4, $13,500.   A.  An investor wants to earn a 12.5 percent return compounded annually on her investment.  How much should she pay for the investment?   B.  Assuming that the investor wanted to earn an annual rate of 12.5 percent compounded monthly, how much would she pay for this investment?     

For Essay Questions  7-14: Select Five of these 8 questions.  IF you do not want to answer, you should write “SKIP” and move to the next question Question C7 A mortgage loan is made to Mr. Jones for $30,000 at 10 percent interest for 20 years. If Mr. Jones has a choice between a CPM and a CAM, which one would result in his paying a greater amount of total interest over the life of the mortgage?

For problems 2, 3, 4 and 5, answer 3 of these questions. (Write “SKIP” to the one you do not want graded) You are offered an investment that will pay $200 a year forever.  You require a 20% rate of return. a. What is the name of this type of payment pattern? b.  What would you pay for it?  

A nurse is caring for a patient who is receiving pain medication through a saline lock. The nurse must first flush the line with saline to check for patency before pushing the medication. Upon flushing with saline, the nurse notices a red streak that is warm and tender to the touch. What is the most important initial nursing action?

Fill in the blank with the imperfect form of the verb provided: Example:  You read:  Mi hermano y yo (ir) mucho al doctor.                                      You write in the blank:  íbamos   3.  Mis tías (estar) ____________________ muy enfermas.  

  Which group of feathers are called the primary feathers? These are the feathers you would trim during a wing trimming.

A 24.5 mL volume of liquid weighs 25.5 grams. What is the density in g/mL (to the correct number of sig figs)?