1. At what annual rate would the following have to be invested? $1,463, to grow to $29,674, in 23 years.
2. You placed $4,143 in a savings account today that earns an annual interest rate of 5.04 percent, compounded semiannually. How much will you have in this account at the end of 9 years? Assume that all interest received at the end of the period is reinvested the next period.
3. Casello Mowing & Landscaping's year-end 2015 balance sheet lists current assets of $437,000, fixed assets of $551,000, current liabilities of $418,400, and long-term debt of $318,100. Calculate Casello’s total stockholders’ equity.