Bob James is 40 years old and expects to retire in 15 years. Bob thinks that his pension would not be enough to maintain his actual lifestyle, because he spends $30,000 annually and his pension is expected to be $25,000. If Bob receives the pension during 30 years, How much he will deposit today in an account that pays 3% in order to maintain his lifestyle during this period? USE TIME VALUE TABLES WITH 3 DECIMAL PLACES DON'T MAKE INTERMEDIATE ROUNDING AND ROUND YOUR FINAL ANSWER WITH NO DECIMAL PLACES Answer: How much you have to save every 3 months to have $20,000 in 5 years, if you can earn 8% interest on your savings? PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES Answer: Star Corp. issued preferred stocks with $80 par value two years ago with a 10% of par value dividend. How much will an investor with a required rate of return of 16%? PRESENT YOUR ANSWER ROUNDED TO ZERO DECIMAL PLACES