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1. Find out the sub total, sales tax and total charge of the follow items Sales tax Item A B C D 8.625% Unit

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1. Find out the sub total, sales tax and total charge of the follow items Sales tax Item A B C D 8.625% Unit Price Quantity Sub Total Sales Tax Total Charge 21 24 34 231 78 67 91 92 02. Find out the future value of the annuity Suppose you invest $8,000 in your bank account per year. The bank pays you 8% interest annually. How much will you have in S 2 Interest rate 8 Now 5 5 7 8,000 8% Year 1 Year 2 Year 3 Year 4 Year 5 8,000 8,000 8,000 8,000 SUM 2 3. Find out the present value of the annuity 3 If you wish to receive $5,000 per year, starting a year from now, for 8 years, 4 at 5% annual interest rate, how much do you need to have in your pension fund account now? 5 Interest rate 5 Now 7 B 9 1 , t 6 Show the total here 5% Year 1 Year 2 Year 3 Year 4 Year 5 5,000 Year 6 Year 7 Year 8 5,000 5,000 5,000 5,000 5,000 5,000 5,000

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