4.) A cargo van purchased by Tigers Transport should last 5 years. The purchase price was

$120,000. The trade-in value is $10,000.

( 1 ) Using the double declining balance method, calculate the accumulated depreciation at the end of year 2. Round the declining balance rate to 4 decimal places, and all dollar amounts to the nearest cent.

5.) Barb is a 47 year old female and wants to purchase $209,000 in straight life insurance. If

the rate per thousand from the chart shows rate per thousand of $18.29, how much would

the life insurance cost her?