Awomanearned wages of $53300, received $2700in interest from a savings account, and contributed $2500to a tax-deferred retirement plan.Shewas entitled to a personal exemption of $3000and had deductions totaling $5520Findhergross income, adjusted gross income, and taxable income.

2.Suppose you invested $1000 to invest in two different compounding investment instruments that both earn 6% APR. But one has one compounding period per year and the other compounds monthly (i.e. 12 compound periods per year). .Calculate the total amount/balance in each instrument after 20 years. Which investment, if any, generates more money?

3.Suppose in a location with a "dry" climate, the probability of precipitation each day is 15%. However, it has been observed that a "rainy/snowy" day was preceded 60% of the time by "red" dawn. While red dawns began sunny days (i.e. no precipitation) 30% of the time. Using Bayes' theorem, what is the probability of a rainy/snowy day if it started with a red dawn? How would this probability change if instead, the location was "wetter" where the daily probability of precipitation was 50% keeping the other probabilities constant?

4.Suppose you borrowed $500 dollars and after 2 months you paid the money back plus $25 dollars. What was the APR for this load?

5.A bank has 100 one-year loans, each with a 1% probability of default. Assume that the probability of default applicable to all loans is uncertain. It is equally likely to be 0.5% or 1.5%. What is the probability of six or more defaults?

7.how many years will it take for annes 200,000 to become 1,000,000 if the money is subjected to 7.5% simple interest rate?

8.Charger Battery issued $200,000 of 11%, 7-year bonds on January 1, 2020, for $220,132. Interest is paid annually on December 31. The market rate of interest is 9%.

Prepare the journal entries for December 31, 2021 and 2022. If required, round your answers to the nearest whole dollar.

9.Crafty Corporation issued $475,000 of 5%, 7-year bonds on January 1, 2020, for $448,484. Interest is paid annually on December 31. The market rate of interest is 6%.

Prepare the journal entry for December 31, 2020 and 2021. If required, round your answers to the nearest whole dollar.

10.Hannibal opens a savings account on January 1, 1984 with a deposit of 330 dollars, and continues to make deposits of the same amount at the beginning of each month until January 1, 1990, when he makes the final deposit. If the account pays a nominal rate of interest of 4.7 percent convertible monthly, how much is in the account on January 1, 1998?