Maudie and Eric just had their fourth child, and their sedan is now too small for their family. When applying for a car loan on a minivan, they are asked to present a net worth statement. Use the following information to help them calculate their net worth. They own a 1999 Mercury Sable that has a Kelly Blue Book value of $2,000. They also own a home that is worth $150,000. Their remaining home mortgage balance is $105,000. They have $10,000 in student loan debt. The balance of their checking account is $1,231.44, and their savings account balance is $3,987.32. What is their current net worth? 

Which of the following positioning lines should be placed perpendicular to the IR for the projection shown below? 415 U4 exam Q_45.png

Societies in Near Oceania were not as complex as in other regions because

In Time Value of Money calculations, PV stands for __________.

Five years after purchasing your house (15-year, 3.50% loan, $1,100 monthly payment), mortgage rates have dropped to 2.5%. You currently owe $100,000 on the original mortgage and would like to refinance for the lower rate but keep the same original end date. The cost to refinance is $3,000. What will be the new payment after refinancing? 

Which of the following is the LEAST effective way of helping your children gain access to money so they can learn to use it wisely?

What anatomy is labeled as letter A in the radiograph below? 415 U4 exam Q_50.png

The Bluth family is having trouble living within their means. What is the best thing they can do?

It’s the 5th century BCE and you’re hanging out in Athens when some barefoot dude walks up and starts asking you questions like, “But what is justice? And what is truth?” And when you answer him, he just keeps asking more questions… it’s like he’s wanting me to say something. Look… you’re just trying to buy olives, and suddenly you’re stuck in a two-hour conversation that makes you question your entire existence. Later you heard that the government got so fed up with his constant questioning that they hand him a cup of poison. Who just turned your olive run into a therapy session?

John and Kayla just heard about donations in kind and are very excited because they have appreciated stock. For this year’s tithing, they give the church 40 shares of $165 Costco stock that they bought 10 years ago for $90 per share. If their long-term capital gains tax would be 15% and their current marginal tax rate is 28%, what are the total tax savings due to tithing, assuming they itemize deductions?