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Author Question: James and Judy Silvers own a small apartment complex. They received rents of 26,00 . last year. Judy ... (Read 252 times)

justinmsk

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on: Jun 24, 2018
James and Judy Silvers own a small apartment complex. They received rents of 26,00 . last year. Judy painted and sold landscapes for 11,700 . James received 9,300 in royalties for some magazine articles. Compute their combined gross income.

Question 2

Carolyn Green is a single parent who plans to save for her child's education. She can afford to save 250 every month for 2  years. If Carolyn could earn interest of 12 compounded monthly, compute the total amount that she will accumulate during the 2  years. Use Tables 23-1A and 23-1B or a calculator.


parker125

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Reply #1 on: Jun 24, 2018
Answer to Question 1

47,000

Answer to Question 2

250  34.78489 = 8,696.22 future value


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