To stay "even" (same purchasing power) with inflation forecast at 4.7% per year, what would your salary need to be in 8 years if you currently earn $59,808 per year? Key your answer in as a positive number.
A $608,458 warehouse if being purchased by your company. The deal requires a down payment of 95,949 with the remainder of the purchase price paid over 20 years, payments in advance. The annual interest rate applicable is 5.94. What monthly payment in advance will be required to pay off this loan? Key in your answer as a positive number.