1. Based on the period 1926-2008, what rate of return should you expect to earn over the long-term if you are unwilling to bear risk?

A. Between 0 and 1 percent

B. Between 1 and 2 percent

C. Between 2 and 3 percent

D. Between 3 and 4 percent

E. Between 4 and 5 percent

2. A local magazine is offering a $2,500 grand prize to one lucky winner. $1,000 will be paid on the day of the drawing. The remaining $1,500 will be paid in three annual payments of $500 each, starting one year after the drawing. How much would this prize be worth to you if you can earn 9 percent on your money?

3. Jake owes $3,400 on his credit card. He is not charging any additional purchases because he wants to get this debt paid in full. The card has an APR of 13.9 percent. How much longer will it take him to pay off this balance if he makes monthly payments of $50 rather than $60?

4. Today, Tony is investing $16,000 at 6.5 percent, compounded annually, for 4 years. How much additional income could he earn if he had invested this amount at 7 percent, compounded annually?

5. Financial statement analysis:

A. is primarily used to identify account values that meet the normal standards.

B. is limited to internal use by a firm's managers.

C. provides useful information that can serve as a basis for forecasting future performance.

D. provides useful information to shareholders but not to debt holders.

E. is enhanced by comparing results to those of a firm's peers but not by comparing results to prior periods

6. Which one of the following is a measure of long-term solvency?

A. Price-earnings ratio

B. Profit margin

C. Equity multiplier

D. Receivables turnover

E. Quick ratio

Please EXPLAIN you answer, DONOT just give answer. I will rate when I received the right answer asap.