1. In an effort to save money for early retirement, an environmental engineering colleague plans to deposit $1,700 per month, starting one month from now, into a fixed rate account that pays 8% per year compounded annually. How much will be in the account at the end of 24 years?
2. Bond indentures or state law place restrictions that often limit dividend distribution under certain circumstances, such as low liquidity, to ensure that the cash exists to service the?