1. What performance requirements apply to financial statements review? Specifically, what are the procedures that will “ordinarily” provide an accountant with a reasonable basis for obtaining limited assurance?
2. You have $38,800.63 in a brokerage account, and you plan to deposit an additional $3,000 at the end of every future year until your account totals $280,000. You expect to earn 13% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.