1) Your uncle just gave you $30,000 to invest for your retirement. You want to manage your money well and invest it safely. You believe that you can earn 6% per annum in a safe investment. How much money will you have in 40 years time?

Multiple Choice

• $301,399.23

• $308,571.54

• $236,457.21

• $352,251.65

Sales	$5,962,000.00
Cost of Goods Sold	3,844,520.00
Operating Expenses	1,250,560.00
Depreciation	310,850.00
EBIT	556,070.00
Interest Expense
Taxable Income
Taxes @ 30%
Net Income