1. Camilla has a small business that sells makeup. during 2017 she uses $6425 of her inventory for her personal use. how much of that $6425 may Camillia deduct from the gross income of the business? A-$0. B-$1606. C -$3213. D-$6425.
2. Assume you can save $10,000 at the end of year 1, $11,000 at the end of year 2, and $12,000 at the end of year 3. What is the future value of your savings 3 years from now if the rate of return is 7.6% annually?
3. An investment will pay $255 at the end of each of the next 3 years, $345 at the end of Year 4, $790 at the end of Year 5, and $1,100 at the end of Year 6. If other investments of equal risk earn 9.54% annually, what is its present value?