What is net income? " a) Total income before taxes b) Total income affer taxes and deduetions e) income from investments only d) Total amount saved

DETAILS MY NOTES AUFEXC4 11.2.047. A couple plans to save for their child's college education. What principal must be deposited by the parents when their child is born in order to have \( \$ 41,000 \) when the child reaches the age of 18 ? Assume the money earns \( 7 \% \) interest, compounded quarterly. (Round your answer to two decimal places.) \( \$ \square \)

Depreciation is the decrease or loss in value of an item due to age, wear, or market conditions. We usually consider depreciation on expensive items like cars. Businesses use depreciation as a loss when calculating their income and taxes. One company buys a new bulldozer for \( \$ 106450 \). The company depreciates the bulldozer linearly over its useful life of 17 years. Its salvage value at the end of 17 years is \( \$ 18050 \). A) Express the value of the bulldozer, \( V \), as a function of how many years old it is, Make sure to use function notation. B) The value of the bulldozer after 5 years is \( \$ \)

DETAILS MY NOTES AUFEXC4 11.4.021. A mutual fund has total assets of \( \$ 45,000,000 \) and total liabilities of \( \$ 4,000,000 \). There are \( 2,100,000 \) shares outstanding. Find the net asset value of the mutual fund. (Round your answer to the nearest cent.) \( \$ \square \)

Depreciation is the decrease or loss in value of an item due to age, wear, or market conditions. We usually consider depreciation on expensive items like cars. Businesses use depreciation as a loss when calculating their income and taxes. One company buys a new bulldozer for \( \$ 119200 \). The company depreciates the bulldozer linearly over its useful life of 21 years. Its salvage value at the end of 21 years is \( \$ 16300 \). A) Express the value of the bulldozer, \( v \), as a function of how many years old it is, \( t \). Make sure to use function notation. B) The value of the bulldozer after 19 years is \( \$ \)

An account is opened with an initial deposit of \( \$ 2,400 \) and earns \( 3.9 \% \) interest compounded monthly. What will the account be worth in 21 years? (round to 2 decimal places) Your Answer: