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John, Engineer
Category: Homework
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Experience:  Bachelors Degree
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1) Ben collins plans to buy a house for $65,000. If that real

Resolved Question:

1) XXXXX XXXXX plans to buy a house for $65,000. If that real estate property is expected to increase in value 5 percent each year, what would its apporximate value be seven years from now?

2) In the mid 1990's, selected automobiles had an average cost of $12,000. the average cost of those same motor vehicles is now $20,000. What was the rate of increase for this tiem between the two time periods?

3) Elaine Romberg prepares he own income tax return each year. A tax preparer would charge her $60 for this service. Over a period of 10 years, how much does Elaine gain from preparing her own tax return? Assume she can ear 3 percent on her savings.

4) Which of the following employee benefits has the greater value? A nontaxable pension contribution of $4300 or the use of a company car with a taxable value of $6325?
Submitted: 7 years ago.
Category: Homework
Expert:  John replied 7 years ago.

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