President Worthen invests $130 per month for one year (start…

President Worthen invests $130 per month for one year (starting in January) in his Acorns account. If his investments follow the following prices per share, how many shares will he have and what will his investment balance be after his December investment (after 1 year)?    Investments Month Price per Share 1 $5.00 2 $4.85 3 $4.50 4 $4.30 5 $5.10 6 $4.75 7 $4.00 8 $4.25 9 $3.85 10 $4.30 11 $4.55 12 $5.25

Imagine that Heidi is considering going from a part-time to…

Imagine that Heidi is considering going from a part-time to full-time position at work. This move would result in a $20,000 increase to her salary. If Rob and Heidi have a federal marginal tax rate of 24%, a state marginal tax rate of 7%, and prefer to pay tithing on their gross income (before taking out taxes), what is Heidi’s true increase in salary after accounting for tithing and taxes? (Don’t forget payroll taxes, e.g. Social Security) 

Edward and Janice want to buy a boat for their family to wat…

Edward and Janice want to buy a boat for their family to water ski on Utah Lake. If they invest $600 at the end of each month in a money market account that averages an annual return of 6.20% (compounded monthly), approximately how long will it take them to save $30,000?